EnCore Energy up as uranium production begins at second South Texas project

enCore Energy

13/06/2024 16:22

** Shares of uranium company enCore Energy  EU.O  up 3.6% at
$4.18
    ** EU starts uranium production at its second South Texas
project 
    ** "With the restart of the previously producing Alta Mesa
Project, enCore Energy is now the only uranium producer in the
United States with multiple production facilities in operation"
- enCore Energy 
    ** EnCore is anticipating its first shipment of yellowcake
(uranium) from the Alta Mesa Project to occur in about 60 to 90
days
    ** EU stock up ~6% so far this year

 (Reporting by Arunima Kumar in Bengaluru)
 ((Arunima.Kumar@thomsonreuters.com; Twitter: https://twitter.com/Aru_Kumar94
 ;))