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NRC Issues Finding of No Significant Impact for enCore Energy's Dewey Burdock Uranium Project

The Nuclear Regulatory Commission issued an Environmental Assessment and Finding of No Significant Impact for enCore Energy's Dewey Burdock uranium project. The NRC stated it will renew the 20-year Source Materials License if enCore demonstrates continued compliance with NRC safety requirements for construction and operation of the in-situ recovery facility.

The Nuclear Regulatory Commission issued an Environmental Assessment followed by a Finding of No Significant Impact for enCore Energy Corp.'s (NASDAQ: EU) Dewey Burdock uranium project, advancing the facility's 20-year Source Materials License toward renewal. The license, held by enCore's wholly-owned subsidiary Powertech USA, Inc., is currently in Timely Renewal status.

The NRC stated it will renew the Dewey Burdock license if enCore demonstrates continued compliance with NRC safety requirements for construction and operation of an in-situ recovery facility. The Finding of No Significant Impact concludes the environmental review phase, leaving safety compliance as the final regulatory gate before license issuance.

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