Boss Energy Partner Reports Increased Uranium Extraction at Texas Project

MT Newswires Live
04-08

Boss Energy's (ASX:BOE) joint venture partner enCore Energy reported uranium capture of 50,000 pounds of uranium at the Texas Alta Mesa central processing plant between March 6 and March 31, according to a Tuesday Australian bourse filing.

Of the total, Boss Energy is entitled to 30% to sell as its own inventory, the filing said.

The average daily capture rate for the last 26 days of March was over 1,900 pounds of uranium per day, the highest rate since the plant returned to operations in June 2024, the filing added.

The company has a 30% stake in the project for 30% of the mines' produced uranium, while the rest is owned by enCore Energy.

The improved uranium capture at the project has accelerated enCore's August contract delivery requirements to May, per the filing.

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