The draft materials license is a fundamental step in obtaining the final NRC Materials License that, along with the State of Wyoming Permit To Mine, currently in the final stages of approval, will allow the company to develop its first ISR uranium mine in Wyoming.
The issuance of the NRC Materials License in draft form allows the company to review the document to determine if there have been any material errors or omissions, or if there are any operational, procedural, monitoring or reporting requirements in the draft materials license that are different from the requirements stated in the company’s current revised application on file with the NRC.
After the materials license review process is completed and thirty days after the final Supplemental Environmental Impact Statement is published, the NRC can then issue the final materials license for the Nichols Ranch ISR Project.
