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Uranium Energy ( (UEC) ) just unveiled an announcement.
On February 19, 2025, Uranium Energy Corp announced a significant operational milestone with the successful processing and drumming of uranium concentrates at its Irigaray Central Processing Plant in Wyoming. This achievement is part of the company’s phased ramp-up of operations following initial production at the Christensen Ranch ISR operations. The uranium concentrates will be transported to the ConverDyn Conversion Facility in Illinois. As a debt-free and unhedged uranium producer, UEC is well-positioned to meet the growing demand for domestically sourced uranium, benefiting from the heightened focus on energy security and the recognition of uranium as a critical national asset. This milestone is expected to enhance UEC’s competitive advantage in the U.S. market, as constrained availability of domestic uranium is anticipated to drive premium pricing.
More about Uranium Energy
Uranium Energy Corp is America’s largest and fastest growing supplier of uranium needed for nuclear energy production. The company is focused on advancing low-cost, environmentally friendly In-Situ Recovery (ISR) mining projects in the U.S. and high-grade conventional projects in Canada, with a licensed production capacity of 12.1 million pounds U3O8 per year. UEC holds a diverse portfolio, including high-grade Canadian projects and a significant equity stake in Uranium Royalty Corp.
YTD Price Performance: -16.14%
Average Trading Volume: 7,148,279
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.7B
Learn more about UEC stock on TipRanks’ Stock Analysis page.
