Commissioned first new mine-unit at Christensen Ranch In-Situ Recovery Mine, with Header House 10-7 coming online as part of the phased ramp-up of Wyoming's Powder River Basin operations. Construction advancing at Burke Hollow in South Texas, with major equipment installed at the satellite ion exchange plant and disposal well development in progress. Sweetwater production hub development progressing, with a Technical [...]
Executive Orders invoke the Defense Production Act and designate the U.S. nuclear fuel cycle as critical to national security. Highlights: Unprecedented growth: Federal policy targets an expansion of U.S. nuclear capacity from ~100 Gigawatts in 2024 to 400 GW by 2050. National nuclear strategy: The Department of Energy is directed to work with industry to deliver 5 GW of uprates at existing nuclear plants and have 10 new [...]
Uranium Energy and Radiant Industries are pleased to announce a memorandum of understanding where UEC and Radiant have agreed to collaborate on opportunities to advance the shared vision of deploying nuclear energy and building the full nuclear value chain in the United States. As part of this collaboration, UEC and Radiant are pleased to announce the completion of an initial transaction where UEC will supply U.S. origin [...]
Uranium Energy is pleased to announce that Amir Adnani, UEC's Founder, President and Chief Executive Officer has been appointed to the World Nuclear Association Board of Management. The WNA, headquartered in London, facilitates the growth of the nuclear sector by connecting key industry players, representing the industry's position on the world stage, and providing leading and authoritative information on nuclear energy [...]
Achieved a major production milestone with the successful processing, drying and drumming of uranium concentrates, advancing the phased ramp-up of operations at both the Irigaray Central Processing Plant and the Christensen Ranch In-Situ Recovery Mine in Wyoming's Powder River Basin. Buildout of new production areas continued at the Christensen Ranch ISR Mine and are expected to be operational in the coming weeks as [...]
Uranium Energy is pleased to announce a major operational milestone with the successful processing, drying and drumming of uranium concentrates at the Company's Irigaray Central Processing Plant in Wyoming. This follows the initial uranium production from UEC's Christensen Ranch In-Situ Recovery operations. The uranium concentrates produced at the Irigaray CPP will be transported to the ConverDyn Conversion Facility in [...]
Uranium Energy announces that it has completed the acquisition of 107,142,857 common shares of Anfield Energy Inc. for total consideration of $10.46 million. The acquisition was completed on Jan 15, 2025 pursuant to a subscription agreement between the Company and Anfield, whereby the Company subscribed for the Anfield Shares at a price of $0.14 per share. Immediately after the acquisition, the Company had beneficial [...]
Uranium Energy is pleased to announce that Chief Executive Officer and President, Amir Adnani, and Executive Vice President, Scott Melbye, will participate in the Goldman Sachs Energy, CleanTech & Utilities Conference on January 8-9, 2025. Mr. Adnani will be speaking in the fireside chat at 2:20 PM ET on Wednesday, Jan 8, 2025, discussing the growing demand for secure, U.S.-based uranium production and UEC's strategic [...]
Uranium Energy is pleased to announce the completion of the previously announced agreement with Rio Tinto America to acquire 100% of Rio Tinto's Wyoming assets, comprised of the wholly-owned and fully-licensed Sweetwater Plant and a portfolio of uranium mining properties, including the Red Desert Project and the Green Mountain Project, with approximately 175 million pounds of historic resources. The purchase price paid [...]
UEC Selected Quarterly Highlights Successfully restarted operations and commenced ramp-up at the Christensen Ranch In-Situ Recovery Mine in Wyoming's Powder River Basin. Transportation of uranium loaded resin has begun from the Christensen Ranch Satellite Plant to the fully operational Irigaray Central Processing Plant. Dried and drummed concentrate production is expected at the Irigaray Plant in early 2025. Significantly [...]
$946 Million Post-Tax NPV Strong Internal Rate of Return of 40%, with 1.4 Year Payback All-in-Sustaining Costs of $20.48 per Pound Average Life of Mine Production of 6.8 Million Pounds per Year Situated in the Infrastructure Rich Eastern Athabasca Basin, Saskatchewan. Uranium Energy is pleased to report the filing of an initial assessment technical report summary that includes an economic analysis and mineral resource [...]
NYSE American: UEC UEC will have a U.S. industry-leading, three hub-and-spoke production platforms in Wyoming and Texas 12.1 million pounds of U3O8 per year of combined U.S. licensed production capacity, upon closing the previously announced acquisition of Rio Tinto's Wyoming Assets. Uranium Energy s pleased to announce that it has received approval from the Wyoming Department of Environmental Quality, Uranium Recovery [...]