Powertech Uranium Corp. (TSX:PWE, FRANKFURT:P8A) announced that the US Nuclear Regulatory Commission has given the final Safety Evaluation Report for the Dewey-Burdock Project. The SER signals the completion of the regulatory commission’s technical report.
As quoted in the press release:
The only remaining documentation prior to making the NRC License fully operational will be the finalization of the Supplemental Environmental Impact Statement (“SEIS”). The Company received the Draft SEIS in November from the NRC that stated, “Unless safety issues mandate otherwise, the preliminary NRC staff recommendation to the Commission related to the environmental aspects of the proposed action is that a source and byproduct material license for the proposed action be issued as requested.” Based on the most recent schedule from the NRC, Powertech expects the completion of the SEIS within the next few months, during which time the NRC will complete their review and response to public comments.