# enCore Energy enCore Energy is an Asset Manager based in Corpus Christi, United States. ## Overview - **Organization type:** Asset Manager - **Headquarters:** Corpus Christi, United States - **Region:** North America - **Address:** Corpus Christi, TX, United States - **Founded:** 2010 - **Assets under management:** Undisclosed - **Website:** encoreuranium.com - **LinkedIn:** https://www.linkedin.com/company/encore-energy-corp ## Regulatory record - **Reports private funds:** No ## About enCore Energy was founded in 2010 by William Sheriff, a geologist and mining executive who previously led Uranium Energy Corp's early acquisition strategy. The company is structured as a publicly traded uranium development and production firm, not a family office, but its investor base includes several high-net-worth natural-resources backers who treat it as a direct uranium exposure vehicle. Sheriff's original thesis — that the US has permitted, idle in-situ recovery facilities that can be restarted faster and cheaper than building new mines — remains the company's organizing principle. The company's asset base is concentrated in South Texas, where it owns the Rosita Central Processing Plant and the Kingsville Dome facility, alongside a pipeline of satellite deposits across the Gulf Coast uranium belt. In-situ recovery, or ISR, uses oxygenated groundwater to dissolve uranium from porous sandstone and pump it to the surface — a method that avoids open pits and yields lower capital costs per pound. enCore targets uranium production exclusively, with no rare-earths or vanadium co-product strategy. The company also holds a uranium exploration portfolio in Wyoming's Powder River Basin and the Gas Hills district, as well as a stake in the Dewey-Burdock project in South Dakota, which is moving through permitting. A key marketing partner is UxC, the uranium pricing and consulting firm, with whom enCore has worked to place output with US nuclear utilities. Paul Goranson, a chemical engineer and 40-year uranium industry veteran, was named CEO in September 2022 (per the firm, September 2022). Goranson previously served as COO of Energy Fuels and held senior roles at Cameco and Mestena Uranium. The management team is small — fewer than 20 named employees across technical, permitting, and finance — and the board includes Richard Cherry, a former president of the Nuclear Energy Institute. enCore also maintains a registered charity structure, the enCore Energy Charitable Foundation, which directs donations to STEM-education and rural-health causes in operating counties. The company's corporate headquarters is in Corpus Christi, Texas, with project offices in Casper, Wyoming, and Edgemont, South Dakota. What distinguishes enCore from other US uranium developers is its combination of existing licensed infrastructure and a pure-ISR focus. Most US uranium juniors hold either early-stage exploration ground or a single ISR plant; enCore owns two fully licensed central processing facilities, giving it the ability to scale production without the multi-year capital build that conventional mines require. Its Rosita plant resumed operations in November 2023, making enCore one of only three domestic producers actively shipping uranium in the current cycle. That structural advantage — permitted capacity sitting idle when uranium prices were low, now restartable when utility contracts are being rewritten — is the center of the firm's investment case. ## Sectors - Energy Transition & Renewables ## People - William M. Sheriff — Executive Chairman - Paul Goranson — Chief Executive Officer ## Questions ### How does enCore Energy's in-situ recovery method differ from conventional uranium mining? In-situ recovery circulates oxygenated groundwater through uranium-bearing sandstone aquifers, dissolving the uranium and pumping it to the surface for processing. This avoids open-pit or underground mining, produces no waste rock, and carries a lower upfront capital cost per pound of production capacity. enCore's South Texas ISR plants are designed to operate with a surface footprint of roughly 10 acres per wellfield. ### Which uranium processing plants does enCore own, and why do they matter? enCore owns the Rosita Central Processing Plant and the Kingsville Dome facility, both in South Texas, each with a licensed capacity of 800,000 pounds of U3O8 per year. These plants represent some of the only fully permitted, operational uranium processing hubs in the United States. The Rosita plant, acquired in 2021, began commercial production in November 2023, while Kingsville Dome is being maintained on standby for restart. ### What is enCore's relationship to Uranium Energy Corp? William Sheriff, enCore's founder and Executive Chairman, was previously a senior executive and director at Uranium Energy Corp, which pioneered many of the South Texas ISR assets. enCore was established as a separate public entity with a distinct asset base, though the operational philosophy — acquire dormant permitted ISR plants with exploration upside in the same districts — is similar. ### What is enCore's exposure to Wyoming and other uranium jurisdictions? Beyond its Texas operations, enCore holds a large ISR exploration portfolio in Wyoming's Powder River Basin and Gas Hills districts, as well as the Dewey-Burdock advanced-stage project in South Dakota. The Wyoming assets represent a longer-dated production pipeline; they are not yet permitted for commercial production but have seen historic ISR test-work. ### Why did Rosita restart in 2023 after years of inactivity? Rosita was placed on standby in the early 2010s when uranium prices fell below $30 per pound, making domestic ISR production uneconomic. The post-2022 surge in uranium prices, driven by utility restocking and sanctions on Russian supply, brought long-term contract prices above $50 per pound. enCore's Rosita restart, completed in November 2023, represents the first significant new US uranium production brought online in response to that shift. ## Related profiles - [BRT Apartments](https://altss.com/profile/brt-apartments-corp) - [ZipRecruiter](https://altss.com/profile/ziprecruiter-inc) --- Last updated: 2026-06-03T20:00:00.000Z Canonical page: https://altss.com/profile/encore-energy-corp Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology