Uranium Energy's Sweetwater plant on fast track for in-situ mining approval
Uranium Energy's Sweetwater Uranium Complex in Wyoming has been selected by the US government for a fast-tracked process of approval to add in-situ recovery capability, it said on Tuesday.
In March, President Donald Trump had invoked emergency powers to boost domestic production of critical minerals as part of a broad effort to offset China's near-total control of the sector.
The Uranium miner wants approval to use in-situ recovery mining methods within the existing permit boundary and to expand the boundary to include ISR-amenable deposits on nearby federally managed lands.
In-situ mineral extraction combines drilling, rock fracturing and chemical leaching directly at the drill site.
The Sweetwater facility has been added to the FAST-41 transparency dashboard, a federal initiative launched in 2015 to streamline approvals of critical infrastructure, the company said.
"On completing this tack-on permitting initiative, Sweetwater will be the largest dual-feed uranium facility in the United States, licensed to process both conventional ore and ISR resin," CEO Amir Adnani said.
Sweetwater's uranium complex in Illinois has a 3 000 t/d conventional mill and an existing licensed capacity of 4.10million pounds of U3O8 per year, the company said.
In April, the White House had said it would fast-track permitting for 10 mining projects across the country as part of Trump's push to expand critical minerals production.
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