Republican leaders had promised voters during the election they would cut the mining permit review timeline in half and boost domestic EV mining, rather than seek more supply overseas.
The amended licence increases Hobson's licensed production capacity by four-fold to 4 million pounds annually, distinguishing it as the largest uranium plant in Texas.
US aluminum products maker joins a list of Western companies that have sold their Russian assets to comply with sanctions on Moscow over the Ukraine war.
This month, Perpetua’s modified mine plan was identified as the preferred alternative due to improvements in water quality and temperature and site access benefits.