Uranium Energy (NYSE American: UEC) has filed its quarterly report, showcasing significant progress in its U.S. and Canadian operations. The company reported over $350 million in liquid assets with no debt, providing flexibility to scale production in response to rising uranium demand. Key developments include the commissioning of Mine Units 8 and 10 at the Christensen Ranch and approval to increase licensed production capacity at the Irigaray Plant to 4 million pounds of U₃O₈ annually. In Texas, construction began at the Burke Hollow Project’s ion exchange facility, with infrastructure improvements underway. UEC’s unhedged strategy positions it to capitalize on the tightening uranium market while advancing its geographically diverse production pipeline.
To view the full press release, visit https://ibn.fm/jIoa2
About Uranium Energy Corp.
Uranium Energy is the fastest growing supplier of the fuel for the green energy transition to a low carbon future. UEC is the largest, diversified North American focused uranium company, advancing the next generation of low-cost, environmentally friendly In-Situ Recovery (“ISR”) mining uranium projects in the United States and high-grade conventional projects in Canada. The company has two production-ready ISR hub-and-spoke platforms in South Texas and Wyoming. These platforms are anchored by fully operational central processing plants and served by seven U.S. ISR uranium projects with all their major permits in place. Additionally, the company has diversified uranium holdings including: (1) one of the largest physical uranium portfolios of U.S. warehoused U3O8; (2) a major equity stake in Uranium Royalty Corp., the only royalty company in the sector; and (3) a pipeline of resource stage uranium projects. The company’s operations are managed by professionals with decades of hands-on experience in the key facets of uranium exploration, development and mining. For more information about the company, visit www.UraniumEnergy.com.
NOTE TO INVESTORS: The latest news and updates relating to UEC are available in the company’s newsroom at https://ibn.fm/UEC
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