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enCore Energy Corp. Provides 5 Year Uranium Contracting Strategy

Nov 04, 2024•over 1 year ago

Contract Type

contract

DallasOil And GasMining

Description

enCore Energy Corp. (NASDAQ: EU) provides the Company's contracting strategy and 5-year forward outlook regarding its uranium sales agreements. As of October 31, 2024, the Company has executed seven contracts to supply uranium to nuclear power plants in the United States and holds one legacy contract with a uranium trading company. The Contracting Strategy provides enCore with significant exposure to future spot uranium prices on a percentage of the future planned production, achieving the objective of establishing a base level of revenue while retaining significant exposure to upside price action.

Company Information

Company

enCore Energy Corp

Location

601 BRICKELL KEY DRIVE

Dallas, Texas, United States

About

enCore Energy Corp. is America's Clean Energy Company™ and a uranium producer committed to providing clean, reliable, and affordable domestic nuclear energy as the newest uranium producer in the United States. The company solely utilizes In-Situ Recovery for uranium extraction, led by industry experts with extensive knowledge and experience in all aspects of ISR uranium operations and the nuclear fuel cycle.

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