Mr. Greg Cameron reports
TERRA CLEAN ENERGY CORP. APPLAUDS UTAH'S MISSION CRITICAL POLICY FRAMEWORK FOR CRITICAL MINERALS ANNOUNCED BY GOVERNOR COX
Terra Clean Energy Corp. has welcomed the recent announcement by Governor Cox of Utah unveiling Mission Critical, a mine-to-market state strategy for critical minerals, built with clarity, speed and responsibility. The state plans to approve five mining projects in 2026 and to bring a national lab to Utah by 2031 making Utah the No. 1 destination for critical mineral extraction and processing in the United States.
In late 2025, uranium was added to the U.S. government's list of critical minerals deeming it vital to the U.S. economy. Being on the critical mineral list can influence federal as well as state policy in several ways, including:
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Fast-track permitting;
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Domestic mining and processing incentives;
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Prioritization in national security and supply chain strategies;
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Potential eligibility for funding and government grants.
In addition to capturing 25 per cent of the critical mineral market share, Mission Critical seeks to cut permitting timelines by 50 per cent and to ensure that 50 per cent of minerals extracted in Utah are processed in Utah.
"I'm working on significantly lowering the time frame that it takes for permitting, in both the mining area and processing of critical minerals," Governor Cox said, "while still keeping people safe. We can do both of those things."
"With past-producing uranium mines in the United States, Terra will no doubt benefit from the sweeping new legislation as it develops its portfolio of U.S. uranium assets," said Greg Cameron, chief executive officer. "I strongly believe that 2026 will be the year of uranium, and, with uranium assets in Utah and additional uranium claims being staked, Terra will have a significant portfolio of U.S. uranium assets, with a particular focus on Utah to complement its Fraser Lakes B uranium deposit in the Athabasca basin, Saskatchewan."
About Terra Clean Energy Corp.
Terra Clean is a Canadian-based uranium exploration and development company. The company is currently developing the South Falcon East uranium project, which holds a 6.96=million-pound inferred uranium resource within the Fraser Lakes B deposit, located in the Athabasca basin region, Saskatchewan, Canada, as well as past-producing uranium mines in Utah, United States, and uranium exploration properties in Wyoming, United States.
Qualified person
The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101, reviewed and approved on behalf of the company by C. Trevor Perkins, PGeo, the company's vice-president, exploration, a qualified person as defined by National Instrument 43-101.
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