Boss Energy (ASX:BOE) said that Nasdaq-listed enCore Energy has made further progress at the Alta Mesa Project in Texas, where the company holds a 30% direct project interest, according to a Friday Australian bourse filing.
The second Ion Exchange (IX) Circuit at the Alta Mesa Central Processing Plant has started up with the plant currently operating at about 75% of its total designed flow rate capacity, with existing constraints due to wellfield development, the filing said.
The company said enCore is focused on accelerating wellfield development by securing additional drill rig capacity to ensure that wellfield flow rates can be better matched to plant capacity.
enCore expects the third IX Circuit at the Alta Mesa Central Processing Plant to come online in 2026, the filing added.
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