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enCore Energy (EU) investor relations material
enCore Energy Corporate Presentation summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Strategic positioning and market environment
Operates the largest in-situ recovery (ISR) uranium extraction in the US, with two active plants and a robust project pipeline across Texas, South Dakota, and Wyoming.
US uranium demand is rising sharply while domestic production remains minimal, creating a significant supply gap and national security concerns.
Recent US policy initiatives and bipartisan support are accelerating domestic uranium production and nuclear energy expansion.
Global uranium market is in deficit, with strong long-term demand and institutional support for nuclear energy as a clean power source.
Contracts are structured to balance market exposure and revenue stability, with less than 38% of planned extraction through 2033 currently contracted.
Operations, assets, and growth pipeline
South Texas operations include the Alta Mesa and Rosita Central Processing Plants, both fully licensed and operational, with modular satellite IX plants enabling regional scalability.
Alta Mesa CPP is ramping up production, averaging over 2,000 lbs/day in Q2 2025, with accelerated wellfield development and expansion into new roll fronts.
Dewey Burdock (SD) and Gas Hills (WY) projects are advancing, with strong economics: Dewey Burdock has a pre-tax IRR of 39% and Gas Hills 54.8%, both using ISR methods.
Total measured and indicated resources exceed 30.9 million lbs U3O8, with significant inferred resources and ongoing exploration in multiple districts.
Investments in new technology, such as Prompt Fission Neutron (PFN), and non-core asset divestments support future growth and operational efficiency.
Leadership, sustainability, and social responsibility
Led by a team with deep ISR uranium expertise and a board with extensive industry, technical, and financial backgrounds.
Sustainability initiatives include a materiality assessment, greenhouse gas emissions reporting, and a dedicated education society for local communities.
Committed to responsible stewardship of natural and social capital, with a roadmap for sustainability progress and transparent reporting.
Actively supports local education and workforce development through scholarships and fellowships.
Maintains exclusive access to global uranium data and strategic investments in future resource potential.
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