Sightful Invest
  • Business
  • Investing
  • Politics
  • Stock
Top Posts
Flashback: Top five wildest moments from Elon Musk’s...
Less than half of DOGE-terminated contracts can be...
Jill Biden should have to answer for ‘cover...
DOGE staffing shakeup as Elon Musk hangs up...
State Dept says DOGE’s changes will be permanent...
President Trump teases ‘last day, but not really’...
Trump denounces court’s ‘political’ tariff decision, calls on...
I’m a physician and I’m worried that our...
Inside the late-night drama that led to Trump’s...
Alleged attempt to impersonate White House chief of...
  • Business
  • Investing
  • Politics
  • Stock

Sightful Invest

Investing

Alta Mesa Passes Key Milestone in Uranium Production Ramp-Up

by admin October 25, 2024
October 25, 2024
Alta Mesa Passes Key Milestone in Uranium Production Ramp-Up

Boss Energy Limited (ASX: BOE; OTCQX: BQSSF) is pleased to report that the production ramp-up at its 30 per cent-owned Alta Mesa Uranium Project in Texas has passed another important milestone, with the first of three IX (ion exchange) plants nearing flow capacity.

The first IX plant was commissioned in June 2024 with the second IX plant planned to commence operation in the first quarter of 2025 and the third IX plant planned to be online by year end of 2025.

Ion exchange is a filtration system which removes liquid uranium from groundwater before being dried and processed into uranium yellowcake (U3O8).

Alta Mesa is ramping up to an annualised production rate of 1.5 million pounds U3O8. Boss’ share of this production is 30 per cent.

The production update was reported by Alta Mesa’s 70 per cent owner enCore Energy Corp. (NASDAQ:EU|TSXV: EU).

Paul Goranson, enCore’s Chief Executive said: “We have been very pleased with the initial phase of results from Alta Mesa and production from the initial startup. We continue to work towards reaching full capacity through 2025 with plans to be fully operational at all three of our ion exchange plants”.

Please refer to enCore’s announcement dated October 24, 2024 for further information1.

Click here for the full ASX Release

This article includes content from Boss Energy Limited, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

This post appeared first on investingnews.com

previous post
A$9 Million Equity Placing to Contribute to the Funding of the Ewoyaa Lithium Project
next post
BPH Energy LimitedInvestee Cortical Dynamics Update

You may also like

PROSPECT RIDGE CONFIRMS LARGE MINERALIZED SYSTEM AT COPPER...

November 19, 2024

5 Biggest Pharma Stocks in 2024

December 4, 2024

Where Does Tesla Get its Lithium?

January 22, 2025

Vanadium Market Forecast: Top Trends for Vanadium in...

January 17, 2025

Anteros Completes 3D Modelling and Identifies New Critical...

March 27, 2025

Quetzal Copper Announces Changes to the Board of...

November 25, 2024

Trudeau Resigns, Canadian and US Markets React

January 8, 2025

Rio Tinto Unveils 158.2 Carat Yellow Diamond, Plus...

April 15, 2025

China Tightens Grip on Strategic Minerals with New...

August 19, 2024

Top 10 Cobalt Producers by Country (Updated 2024)

November 8, 2024

Recent Posts

  • Flashback: Top five wildest moments from Elon Musk’s DOGE tenure as it comes to an end
  • Less than half of DOGE-terminated contracts can be publicly tracked, only about a quarter of grants: watchdog
  • Jill Biden should have to answer for ‘cover up’ of former president’s decline, White House says
  • DOGE staffing shakeup as Elon Musk hangs up his hat, White House confirms
  • State Dept says DOGE’s changes will be permanent amid Musk’s departure

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Categories

    • Business (751)
    • Investing (2,211)
    • Politics (2,729)
    • Stock (4)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sightfulinvest.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 Sightful Invest. All Rights Reserved.