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enCore Energy Awarded $7 MM USD United States Department of Energy Uranium Reserve Contract; Applies to Join HALEU Consortium
enCore Energy Awarded $7 MM USD United States Department of Energy Uranium Reserve Contract; Appl...
About this update from Encore Energy Corp.
[{"type":"text","content":"\n \n \n \n enCore Energy Awarded $7 MM USD United States Department of Energy Uranium Reserve Contract; Applies to Join HALEU Consortium\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prnsbbb1{\nBORDER-BOTTOM:black 1pt\n}\n.prntar{\nTEXT-ALIGN: RIGHT\n}\n.prnvab{\nVERTICAL-ALIGN: BOTTOM\n}\n.prnsblb1{\nBORDER-LEFT:black 1pt\n}\n.prnsbtb1{\nBORDER-TOP:black 1pt\n}\n.prnpr2{\nPADDING-RIGHT:0.17em\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE; BORDER-TOP:1pt black; BORDER-RIGHT:1pt black; BORDER-BOTTOM:1pt black; BORDER-LEFT:1pt black\n}\n.prnrbrb1{\nBORDER-RIGHT:black 1pt\n}\n.prnpl2{\nPADDING-LEFT:0.17em\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n TSX.V: EU\n \n \n \n OTCQB: ENCUF\n \n \n \n \n www.encoreuranium.com\n \n \n \n \n \n \n \n \n \n \n \n \n \n CORPUS CHRISTI, Texas\n \n \n ,\n \n \n Dec. 20, 2022\n \n \n /CNW/\n \n -\n \n \n enCore Energy Corp.\n \n (\"\n \n enCore\n \n \" or the \"\n \n Company\n \n \") (TSXV: EU) (OTCQB: ENCUF) today announced that the company has been awarded a contract to sell 100,000 pounds of natural uranium concentrates (U\n \n 3\n \n O\n \n 8\n \n ) to the Government of\n \n the United States\n \n , at a price of\n \n $70.50\n \n /pound, under the new Uranium Reserve Program. enCore is one of five qualified\n \n United States\n \n based operators, with existing licensed facilities, approved to sell domestically sourced natural uranium to\n \n the United States\n \n government's Uranium Reserve Program.\n \n \n The uranium purchase will help the government establish a strategic uranium reserve and represents the first uranium purchase by\n \n the United States\n \n government in 40 years. The U.S. National Nuclear Security Administration (NNSA), an office within the U.S. Department of Energy (DOE), is the agency tasked with purchasing domestic U\n \n 3\n \n O\n \n 8\n \n and conversion services for the Uranium Reserve. The Uranium Reserve is intended to be a backup source of supply for domestic nuclear power plants in the event of a signi...