tiprankstipranks
Company Announcements

enCore Energy Expands Uranium Processing Capacity in Texas

Story Highlights
  • enCore Energy Corp. announced the startup of a second ion exchange circuit at its Texas plant.
  • The expansion doubles flow capacity, enhancing uranium extraction and impacting revenue positively.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
enCore Energy Expands Uranium Processing Capacity in Texas

The latest announcement is out from enCore Energy ( (TSE:EU) ).

On March 13, 2025, enCore Energy Corp. announced the successful startup of its second ion exchange circuit at the South Texas Alta Mesa In-Situ Recovery Uranium Central Processing Plant. This expansion doubles the plant’s flow capacity, enhancing uranium extraction efficiency and is expected to positively impact revenue and return on investment. The company is aggressively expanding its wellfield operations, with additional wells and drill rigs being deployed to maximize uranium capture rates, indicating a strategic move to strengthen its market position.

More about enCore Energy

enCore Energy Corp. is a company focused on providing clean, reliable, and affordable fuel for nuclear energy, being the only United States uranium company with multiple Central Processing Plants in operation. The company specializes in In-Situ Recovery (ISR) uranium operations and is led by industry experts with extensive knowledge in the nuclear fuel cycle.

YTD Price Performance: -62.43%

Average Trading Volume: 328,289

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$415.4M

For an in-depth examination of EU stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App