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EnCore Energy announced on June 18 that the Bureau of Land Management issued a final decision and approved the Dewey Burdock uranium project, authorizing the company to begin construction for the uranium in situ recovery project in southwestern South Dakota.
U.S. uranium production increased throughout 2024, with more growth planned in 2025. The producers who can make that happen, however, were burned before by a “renaissance” that didn’t take off. Now they are watching and waiting for signals from Washington, D.C., including the impacts of tariffs, shifting relationships with global uranium producers, and funding for the enrichment task orders designed to boost demand for U.S. uranium.