EnCore, Boss Energy Target Full Capacity By 2026 As Alta Mesa Uranium Plant Resumes Operations
Portfolio Pulse from Stjepan Kalinic
enCore Energy (NASDAQ:EU) has resumed production at its Alta Mesa uranium plant in South Texas, becoming the only U.S. producer with multiple operational uranium facilities. The company, in a joint venture with Boss Energy (OTCQX:BQSSF), aims for full operational capacity by 2026, leveraging high uranium prices.
June 14, 2024 | 1:24 pm
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POSITIVE IMPACT
Boss Energy, in a joint venture with enCore Energy, expects to benefit from the resumption of production at the Alta Mesa uranium plant. The company aims for full operational capacity by 2026, leveraging high uranium prices.
Boss Energy's 30% stake in the Alta Mesa project and the aim for full capacity by 2026 positions the company to benefit from high uranium prices, likely boosting revenues and stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 70
POSITIVE IMPACT
enCore Energy has resumed production at its Alta Mesa uranium plant, becoming the only U.S. producer with multiple operational uranium facilities. The company aims for full operational capacity by 2026, leveraging high uranium prices.
The resumption of production at Alta Mesa and the aim for full capacity by 2026 positions enCore Energy to benefit from high uranium prices, likely boosting revenues and stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100