Uranium Energy (NYSE American: UEC) has filed its Form 10-Q for the quarter ended Jan. 31, 2025, highlighting significant progress in production, acquisitions, and project development. The company advanced uranium concentrate drying and drumming in Wyoming and accelerated construction at its Burke Hollow ISR project in Texas. The acquisition of Rio Tinto’s Sweetwater Plant has expanded UEC’s U.S. production capacity to over 12 million pounds annually. Additionally, the Roughrider Project’s economic assessment confirms its status as a high-margin asset with an estimated post-tax NPV of $946 million. With $214 million in liquid assets and no debt, UEC remains positioned to scale production in response to tightening uranium markets.
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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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