Western Uranium (TSE:WUC) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Western Uranium & Vanadium Corp. is capitalizing on new U.S. legislation to ban Russian uranium imports, with plans to support the domestic nuclear supply chain and ramp up their mining operations. The company is in talks with Energy Fuels for a possible uranium/vanadium ore buying program and has entered a joint venture to mine uranium in Colorado, aiming to increase production to meet annual targets. Western Uranium is expanding operations at the Sunday Mine Complex and progressing towards a significant production increase in uranium and vanadium.
For further insights into TSE:WUC stock, check out TipRanks’ Stock Analysis page.