Boss Energy Limited ( (AU:BOE) ) has provided an announcement.
Boss Energy Limited has announced that enCore Energy Corp, in which Boss holds a 30 percent interest, is expanding its extraction capacity and accelerating wellfield development at the Alta Mesa Project in Texas. The project has successfully started the second Ion Exchange Circuit at the Central Processing Plant, which is currently operating at 75% of its designed capacity due to wellfield development constraints. enCore is working to secure additional drill rig capacity to enhance wellfield flow rates and plans to bring a third Ion Exchange Circuit online by 2026. Boss Energy’s Managing Director, Duncan Craib, expressed confidence in enCore’s efforts to address these challenges and achieve the targeted annual production rate of 1.5 million pounds of uranium.
More about Boss Energy Limited
Boss Energy Limited is a company operating in the energy sector, with a focus on uranium mining and production. The company has a 30 percent interest in the Alta Mesa Project in Texas, which is involved in in-situ recovery uranium mining.
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