High Uranium Extraction Rates Mark enCore Energy's Success in South Texas Nuclear Initiative

enCore Energy Reports Record Uranium Extraction in Texas

In a recent announcement, enCore Energy Corp. (NASDAQ: EU) has unveiled impressive uranium extraction rates from its Alta Mesa In-Situ Recovery (ISR) processing plant located in South Texas. This comes as a significant achievement for the company, who has adeptly navigated the challenges of the energy sector and continues to lead in the nuclear energy landscape.

Achievements in Uranium Extraction

Since commencing operations at the Alta Mesa facility in June 2024, enCore has seen record-breaking abduction of uranium, reaching over 3,000 pounds per day during the latest week, peaking at 3,705 pounds on June 20, 2025. The overall performance throughout June has brought an average extraction of around 2,410 pounds per day during the first 22 days, showcasing a substantial increase compared to the preceding months. Specifically, the average for May was recorded at 2,103 pounds per day, indicating a consistent upward trend.

To support this increase in output, the company has strategically expanded its wellfield development at the Alta Mesa Project. Currently, the project is equipped with 24 drill rigs in operation; among these, 14 are dedicated to advancing Wellfield 7, while others are focused on various wellfield developments to maximize operational efficiency and resource capture.

William M. Sheriff, Executive Chairman of enCore Energy, commended his team for their tireless contributions to enhancing extraction rates amidst this ramp-up phase. He expressed gratitude towards the Texas Legislature for the recent legislative measures that streamline the uranium recovery process, further supporting Texas’s nuclear energy goals.

The Role of New Legislation

This recent success is also attributed to supportive legislative changes in Texas, which aim to promote the nuclear energy strategy. The implementation of new laws is pivotal in facilitating smoother permitting processes for uranium recovery, a crucial aspect of enhancing production capabilities and fostering growth in this sector.

Governor Abbott's endorsement of these bills has set a transformative foundation for nuclear energy expansion in Texas, demonstrating the state's commitment to becoming a leader in clean energy.

About the Alta Mesa Uranium Project

The Alta Mesa project encompasses vast operational resources, featuring a fully licensed ISR processing plant located on over 200,000 acres of private mineral rights in Texas. This operation holds a capacity of 1.5 million pounds of uranium annually and is a pivotal component of enCore Energy’s strategy to utilize ISR technology, known for its environmentally friendly and non-invasive extraction methods.

Historically, the Alta Mesa facility logged nearly 5 million pounds of uranium output post its initial establishment from 2005 to 2013, before production was scaled back due to price fluctuations in the market.

Future Outlook for enCore Energy

EnCore Energy is not just stopping at the Alta Mesa project; the company has an ambitious pipeline of future initiatives, including projects in South Dakota and Wyoming. The firm is committed to creating a sustainable impact while engaging with local communities and stakeholders.

The focus on clean, reliable nuclear energy production reflects enCore’s broader strategy to meet the growing demands for sustainable energy solutions, reinforcing its role as a key player in America's transition towards cleaner energy.

As enCore Energy continues to optimize its operations and explore new ventures, it is poised to significantly contribute to the nuclear energy sector while balancing corporate growth and community engagement. The ongoing advancements and legislative support mark a promising trajectory for the future of nuclear energy in Texas, echoing a strong commitment to sustainable energy practices.