This license is the last state-level authorization needed by the company to commence construction work on the Goliad ISR project.
Uranium Energy president and CEO Amir Adnani said this second South Texas project, when combined with the company’s production from the Palangana ISR operation, is expected to bolster overall production greatly.
The company now reviews the license and will provide TCEQ with comments or suggested changes to the license.
Once the company files its comments, TCEQ will complete its final internal review and prepare the final RML.
After receiving the final RML, the company will have all necessary permits to begin construction work on the Goliad ISR satellite project.