Energy Fuels Buys Mesteņa Uranium
The transaction includes a land package of 195,501 contiguous acres, including 4,575 acres currently under a lease and mining permit and 190,926 acres under a lease-option and exploration/testing permit.
At full capacity, Alta Mesa is capable of producing 1.5 million lb/y of U3O8. Energy Fuels has current production centers at its White Mesa mill in Utah and its Nichols Ranch in-situ recovery operations in Wyoming. The White Mesa mill is the only conventional uranium mill currently operating in the United States and has a licensed capacity of 8 million lb/y of U3O8. The Nichols Ranch production center has a licensed capacity of 2 million lb/y of U3O8.