enCore Energy Secures NRC License Renewal for Dewey Burdock Project
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 22 2026
0mins
Source: PRnewswire
- License Renewal Progress: The U.S. Nuclear Regulatory Commission (NRC) has issued an Environmental Assessment confirming that the Dewey Burdock Uranium Project's 20-year Source Materials License will be renewed, contingent upon enCore, through its wholly-owned subsidiary Powertech USA, Inc., continuing to meet safety requirements, thereby ensuring long-term operational viability for the project.
- Infrastructure Construction Approval: The Bureau of Land Management (BLM) has authorized the Dewey Burdock project to commence infrastructure construction on public lands, including primary and secondary access roads, four groundwater monitoring wells, and overhead power lines, which is expected to accelerate the project's implementation timeline.
- Economic Impact Recognition: enCore Energy's Executive Chair, William M. Sheriff, stated that the NRC's positive assessment and approval will enhance the project's economic benefits, emphasizing its significance in advancing clean energy development in the U.S. and further solidifying the company's market position.
- Environmental Technology Application: The Dewey Burdock project utilizes In-Situ Recovery (ISR) technology, which minimizes surface disturbance while extracting uranium, aligning with environmental standards and is expected to provide a reliable uranium supply to meet U.S. nuclear energy demands, supporting sustainable development.
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Analyst Views on EU
Wall Street analysts forecast EU stock price to rise
4 Analyst Rating
4 Buy
0 Hold
0 Sell
Strong Buy
Current: 1.360
Low
3.50
Averages
3.75
High
4.00
Current: 1.360
Low
3.50
Averages
3.75
High
4.00
About EU
enCore Energy Corp. is a clean energy company. The Company is engaged in providing clean, reliable, and affordable fuel for nuclear energy as the uranium producer in the United States. The Company is focused on producing domestic uranium in the United States. The Company only utilizes the In-Situ Recovery technology (ISR) to provide necessary fuel for the generation of clean, reliable, and carbon-free nuclear energy. Its projects include Alta Mesa Project, Mestena Grande Uranium Project, Dewey-Burdock Project, Gas Hills Project, Juniper Ridge Project, Aladdin Project, Centennial Project, and others. The Alta Mesa Project is located within a portion of the private land holdings of the Jones Ranch and includes surface and mineral rights as well as oil and gas and other minerals including uranium. The Dewey-Burdock Project is an ISR uranium project located in the Edgemont uranium district in South Dakota. The Gas Hills Project is located in the Gas Hills uranium district.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
enCore Energy Secures 20-Year License Renewal for Dewey Burdock Project
- License Renewal: enCore Energy announced the renewal of its 20-year source materials license for the Dewey Burdock uranium project from the U.S. Nuclear Regulatory Commission, leading to a 6.7% pre-market stock increase, reflecting positive market sentiment towards the project's future.
- Project Progress: With the issuance of the NRC source material license, the Dewey Burdock project has obtained all necessary federal permits, although additional permitting from South Dakota is still required, indicating the project is advancing towards full operational status.
- Production Plans: enCore Energy plans to recover uranium from the Dewey Burdock ore body and produce yellowcake using an in-situ recovery process, which utilizes an oxygen- and water-based solution to dissolve uranium minerals in place, enhancing resource extraction efficiency.
- Market Outlook: Amid rising uranium spot prices, enCore Energy is ramping up production, and while there are concerns about its valuation, strategic adjustments and leadership transitions may lay the groundwork for future growth.
See More
Dewey Burdock Project Secures 20-Year License Renewal
- License Renewal: The U.S. Nuclear Regulatory Commission (NRC) has issued a 20-year renewal for the Dewey Burdock In-Situ Recovery (ISR) Uranium Project, indicating that all necessary federal permits have been secured following the completion of the Safety Evaluation Report, which is expected to accelerate project construction and enhance the company's competitiveness in the uranium market.
- Infrastructure Construction Authorization: The Bureau of Land Management (BLM) has authorized the Dewey Burdock Project to commence infrastructure construction on public lands it manages, laying the groundwork for full operational status and helping to meet the growing demand for uranium.
- Environmental Technology Application: The Dewey Burdock Project utilizes In-Situ Recovery (ISR) technology, which has proven to be environmentally safe and economically viable over more than 50 years, and is expected to minimize environmental impact while providing reliable clean energy for the U.S.
- Strategic Investment Opportunity: This license renewal aligns with the U.S. government's focus on domestic uranium production, demonstrating enCore Energy Corp.'s commitment to supporting U.S. clean energy goals through sustainable uranium extraction technology, thereby further solidifying its market position.
See More
enCore Energy Secures NRC License Renewal for Dewey Burdock Project
- License Renewal Progress: The U.S. Nuclear Regulatory Commission (NRC) has issued an Environmental Assessment confirming that the Dewey Burdock Uranium Project's 20-year Source Materials License will be renewed, contingent upon enCore, through its wholly-owned subsidiary Powertech USA, Inc., continuing to meet safety requirements, thereby ensuring long-term operational viability for the project.
- Infrastructure Construction Approval: The Bureau of Land Management (BLM) has authorized the Dewey Burdock project to commence infrastructure construction on public lands, including primary and secondary access roads, four groundwater monitoring wells, and overhead power lines, which is expected to accelerate the project's implementation timeline.
- Economic Impact Recognition: enCore Energy's Executive Chair, William M. Sheriff, stated that the NRC's positive assessment and approval will enhance the project's economic benefits, emphasizing its significance in advancing clean energy development in the U.S. and further solidifying the company's market position.
- Environmental Technology Application: The Dewey Burdock project utilizes In-Situ Recovery (ISR) technology, which minimizes surface disturbance while extracting uranium, aligning with environmental standards and is expected to provide a reliable uranium supply to meet U.S. nuclear energy demands, supporting sustainable development.
See More
enCore Energy Secures Approval for Dewey Burdock Uranium Project Infrastructure
- Project Approval: enCore Energy (EU) rose 2.1% in Thursday's trading after the U.S. Bureau of Land Management (BLM) issued a final decision approving infrastructure construction for the Dewey Burdock uranium in-situ recovery project, marking a significant milestone in project advancement.
- Environmental Assessment Passed: The BLM's environmental assessment and finding of no significant impact authorize enCore's Powertech subsidiary to construct initial infrastructure on the 10,580-acre Dewey Burdock project, ensuring compliance and sustainability for the initiative.
- Infrastructure Construction Details: The authorized work includes the construction of primary and secondary access roads, light-use roads, four groundwater monitoring wells, and overhead power lines, which will provide essential support for uranium extraction and enhance operational efficiency.
- Technological Advantage: The Dewey Burdock project will recover uranium from subsurface sandstone ore bodies using in-situ recovery (ISR) technology, which allows for minimal surface disturbance compared to conventional open-pit or underground uranium mining, aligning with environmental standards and improving project economics.
See More
enCore Energy Corp. Secures Approval for Dewey Burdock Uranium Project
- Project Approval Milestone: The Bureau of Land Management (BLM) has approved enCore Energy Corp.'s Dewey Burdock Uranium Project, allowing the company to commence infrastructure construction in South Dakota, marking a critical implementation phase that is expected to significantly enhance the company's competitiveness in the uranium market.
- Infrastructure Development Plan: Under the BLM's final Environmental Assessment, enCore will construct primary and secondary access roads, monitoring wells, and power lines on approximately 240 acres of public land, laying the groundwork for efficient resource extraction and subsequent project development.
- Environmental Impact Assessment: Following extensive independent analysis, the BLM confirmed that the project would not have a significant environmental impact, a decision that not only boosts public confidence in the project but also provides enCore with favorable conditions for future regulatory approvals.
- Strategic Development Direction: The approval of the Dewey Burdock Project aligns with the U.S. government's focus on uranium production, as enCore aims to promote domestic clean energy development through environmentally responsible in-situ recovery technology, further enhancing the company's market position in the renewable energy sector.
See More
enCore Energy Reports Positive Drilling Results at Alta Mesa East Project
- Drilling Progress: enCore Energy's ongoing drilling program at the Alta Mesa East project in Texas has yielded positive results, with 12 out of 20 drill holes showing mineralization and six returning grade thickness values between 0.43 and 1.76, indicating significant mineral potential that could enhance future production capabilities.
- Stock Price Reaction: Following the report, enCore's shares surged 13.2% before the announcement and rose another 3.2% in pre-market trading, reflecting strong market optimism regarding the company's ongoing drilling results, which may attract further investor interest.
- Drilling Strategy: The company is currently operating six rigs drilling at 400-500 foot spacing with an average depth of 600 feet, demonstrating proactive efforts in characterizing mineralization across the property, which is crucial for supporting future production data.
- Strategic Acquisition: Executive Chairman William Sheriff stated that the strategic acquisition of the Alta Mesa East project was based on analyses suggesting that productive formations extend onto this property, further validating the drilling program's strategic importance and expected to directly support the operations of the central processing plant.
See More
enCore Energy Secures 20-Year License Renewal for Dewey Burdock Project
- License Renewal: enCore Energy announced the renewal of its 20-year source materials license for the Dewey Burdock uranium project from the U.S. Nuclear Regulatory Commission, leading to a 6.7% pre-market stock increase, reflecting positive market sentiment towards the project's future.
- Project Progress: With the issuance of the NRC source material license, the Dewey Burdock project has obtained all necessary federal permits, although additional permitting from South Dakota is still required, indicating the project is advancing towards full operational status.
- Production Plans: enCore Energy plans to recover uranium from the Dewey Burdock ore body and produce yellowcake using an in-situ recovery process, which utilizes an oxygen- and water-based solution to dissolve uranium minerals in place, enhancing resource extraction efficiency.
- Market Outlook: Amid rising uranium spot prices, enCore Energy is ramping up production, and while there are concerns about its valuation, strategic adjustments and leadership transitions may lay the groundwork for future growth.
See More
Dewey Burdock Project Secures 20-Year License Renewal
- License Renewal: The U.S. Nuclear Regulatory Commission (NRC) has issued a 20-year renewal for the Dewey Burdock In-Situ Recovery (ISR) Uranium Project, indicating that all necessary federal permits have been secured following the completion of the Safety Evaluation Report, which is expected to accelerate project construction and enhance the company's competitiveness in the uranium market.
- Infrastructure Construction Authorization: The Bureau of Land Management (BLM) has authorized the Dewey Burdock Project to commence infrastructure construction on public lands it manages, laying the groundwork for full operational status and helping to meet the growing demand for uranium.
- Environmental Technology Application: The Dewey Burdock Project utilizes In-Situ Recovery (ISR) technology, which has proven to be environmentally safe and economically viable over more than 50 years, and is expected to minimize environmental impact while providing reliable clean energy for the U.S.
- Strategic Investment Opportunity: This license renewal aligns with the U.S. government's focus on domestic uranium production, demonstrating enCore Energy Corp.'s commitment to supporting U.S. clean energy goals through sustainable uranium extraction technology, thereby further solidifying its market position.
See More
enCore Energy Secures NRC License Renewal for Dewey Burdock Project
- License Renewal Progress: The U.S. Nuclear Regulatory Commission (NRC) has issued an Environmental Assessment confirming that the Dewey Burdock Uranium Project's 20-year Source Materials License will be renewed, contingent upon enCore, through its wholly-owned subsidiary Powertech USA, Inc., continuing to meet safety requirements, thereby ensuring long-term operational viability for the project.
- Infrastructure Construction Approval: The Bureau of Land Management (BLM) has authorized the Dewey Burdock project to commence infrastructure construction on public lands, including primary and secondary access roads, four groundwater monitoring wells, and overhead power lines, which is expected to accelerate the project's implementation timeline.
- Economic Impact Recognition: enCore Energy's Executive Chair, William M. Sheriff, stated that the NRC's positive assessment and approval will enhance the project's economic benefits, emphasizing its significance in advancing clean energy development in the U.S. and further solidifying the company's market position.
- Environmental Technology Application: The Dewey Burdock project utilizes In-Situ Recovery (ISR) technology, which minimizes surface disturbance while extracting uranium, aligning with environmental standards and is expected to provide a reliable uranium supply to meet U.S. nuclear energy demands, supporting sustainable development.
See More
enCore Energy Secures Approval for Dewey Burdock Uranium Project Infrastructure
- Project Approval: enCore Energy (EU) rose 2.1% in Thursday's trading after the U.S. Bureau of Land Management (BLM) issued a final decision approving infrastructure construction for the Dewey Burdock uranium in-situ recovery project, marking a significant milestone in project advancement.
- Environmental Assessment Passed: The BLM's environmental assessment and finding of no significant impact authorize enCore's Powertech subsidiary to construct initial infrastructure on the 10,580-acre Dewey Burdock project, ensuring compliance and sustainability for the initiative.
- Infrastructure Construction Details: The authorized work includes the construction of primary and secondary access roads, light-use roads, four groundwater monitoring wells, and overhead power lines, which will provide essential support for uranium extraction and enhance operational efficiency.
- Technological Advantage: The Dewey Burdock project will recover uranium from subsurface sandstone ore bodies using in-situ recovery (ISR) technology, which allows for minimal surface disturbance compared to conventional open-pit or underground uranium mining, aligning with environmental standards and improving project economics.
See More
enCore Energy Corp. Secures Approval for Dewey Burdock Uranium Project
- Project Approval Milestone: The Bureau of Land Management (BLM) has approved enCore Energy Corp.'s Dewey Burdock Uranium Project, allowing the company to commence infrastructure construction in South Dakota, marking a critical implementation phase that is expected to significantly enhance the company's competitiveness in the uranium market.
- Infrastructure Development Plan: Under the BLM's final Environmental Assessment, enCore will construct primary and secondary access roads, monitoring wells, and power lines on approximately 240 acres of public land, laying the groundwork for efficient resource extraction and subsequent project development.
- Environmental Impact Assessment: Following extensive independent analysis, the BLM confirmed that the project would not have a significant environmental impact, a decision that not only boosts public confidence in the project but also provides enCore with favorable conditions for future regulatory approvals.
- Strategic Development Direction: The approval of the Dewey Burdock Project aligns with the U.S. government's focus on uranium production, as enCore aims to promote domestic clean energy development through environmentally responsible in-situ recovery technology, further enhancing the company's market position in the renewable energy sector.
See More
enCore Energy Reports Positive Drilling Results at Alta Mesa East Project
- Drilling Progress: enCore Energy's ongoing drilling program at the Alta Mesa East project in Texas has yielded positive results, with 12 out of 20 drill holes showing mineralization and six returning grade thickness values between 0.43 and 1.76, indicating significant mineral potential that could enhance future production capabilities.
- Stock Price Reaction: Following the report, enCore's shares surged 13.2% before the announcement and rose another 3.2% in pre-market trading, reflecting strong market optimism regarding the company's ongoing drilling results, which may attract further investor interest.
- Drilling Strategy: The company is currently operating six rigs drilling at 400-500 foot spacing with an average depth of 600 feet, demonstrating proactive efforts in characterizing mineralization across the property, which is crucial for supporting future production data.
- Strategic Acquisition: Executive Chairman William Sheriff stated that the strategic acquisition of the Alta Mesa East project was based on analyses suggesting that productive formations extend onto this property, further validating the drilling program's strategic importance and expected to directly support the operations of the central processing plant.
See More
