Largest U.S. Uranium Deposit Engages Permitting Team

Eagle Nuclear Energy Corp. takes steps to advance the Aurora Uranium Project as domestic nuclear supply chains move from policy to permitting and construction.

Mar. 27, 2026 at 2:09pm

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Eagle Nuclear Energy Corp. (NASDAQ: NUCL) has engaged SLR International Corporation as the lead permitting manager for the Aurora Uranium Project, which holds the largest conventional, measured and indicated uranium deposit in the United States with 32.75 million pounds indicated and 4.98 million pounds inferred. This comes as the U.S. imports approximately 95% of the uranium it consumes, with spot uranium prices approaching $90 per pound amid tightening primary supply and increasing reactor demand.

Why it matters

The U.S. reliance on imported uranium has prompted the addition of uranium to the U.S. Critical Minerals List and a $2.7 billion DOE commitment to expand domestic enrichment capacity. Eagle's integrated model pairing domestic uranium resources with exclusive Small Modular Reactor technology positions it to potentially own both the fuel supply and the deployment pathway, addressing this strategic vulnerability.

The details

Eagle Nuclear Energy Corp. has engaged SLR International Corporation as the lead permitting manager for the Aurora Uranium Project, which holds the largest conventional, measured and indicated uranium deposit in the U.S. SLR's designated team has direct experience with the Bureau of Land Management and Oregon DOGAMI, and the engagement is designed to advance Aurora toward a Pre-Feasibility Study targeted for late 2027. Eagle is pursuing FAST-41 consideration to potentially accelerate the federal permitting timeline.

  • Eagle Nuclear Energy Corp. announced the SLR International engagement on March 18, 2026.
  • The company joined the Uranium Producers of America on March 10, 2026.
  • Eagle CEO Mark Mukhija rang the Nasdaq Opening Bell on March 11, 2026, marking the company's entry into the public markets following its February 2026 NASDAQ listing.

The players

Eagle Nuclear Energy Corp.

A domestic uranium explorer with exclusive Small Modular Reactor technology, building an integrated nuclear platform combining fuel supply with reactor deployment.

SLR International Corporation

The lead permitting manager engaged by Eagle Nuclear Energy Corp. for the Aurora Uranium Project, with direct experience with the Bureau of Land Management and Oregon DOGAMI.

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What’s next

Eagle Nuclear Energy Corp. is targeting a Pre-Feasibility Study for the Aurora Uranium Project in late 2027, and is pursuing FAST-41 consideration to potentially accelerate the federal permitting timeline.

The takeaway

Eagle Nuclear Energy Corp.'s engagement of an experienced permitting team for the largest conventional uranium deposit in the U.S. comes at a critical time, as the country relies on imports for 95% of its uranium supply and the government has committed $2.7 billion to expand domestic enrichment capacity.