Aug 5 (Reuters) - Uranium Energy's ( UEC ) Sweetwater
Uranium Complex in Wyoming has been selected by the U.S.
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 ton per
day conventional mill and an existing licensed capacity of 4.1
million 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.