Welcome to our dedicated page for Uranium Energy news (Ticker: UEC), a resource for investors and traders seeking the latest updates and insights on Uranium Energy stock.
Uranium Energy Corp (NYSE American: UEC) is a leading uranium producer focused on low-cost, environmentally sustainable in-situ recovery (ISR) projects across North and South America. This page provides investors and industry stakeholders with timely access to official press releases, operational updates, and strategic developments.
Stay informed about UEC’s exploration milestones, production advancements, and regulatory achievements through verified company announcements. Our curated news collection includes earnings reports, project expansions, and insights into uranium’s role in clean energy markets—all sourced directly from UEC’s communications.
Key updates cover ISR technology innovations, resource expansion projects in Texas and Wyoming, and partnerships strengthening domestic uranium supply chains. Bookmark this page for streamlined access to critical information impacting UEC’s market position and the broader nuclear energy sector.
President Trump issued Executive Orders aimed at transforming the U.S. nuclear sector, with plans to quadruple U.S. nuclear capacity from 100 GW to 400 GW by 2050. The orders invoke the Defense Production Act and designate the nuclear fuel cycle as critical to national security. The Department of Energy is directed to achieve 5 GW of uprates at existing plants and initiate construction of 10 new large reactors by 2030.
The initiative aims to expand domestic uranium production, conversion, and enrichment capabilities, as the U.S. currently supplies only 5% of its nuclear fuel needs. This expansion would increase annual U.S. uranium requirements from 47 million pounds to approximately 190 million pounds per year. Uranium Energy Corp (UEC), as America's largest uranium supplier, is positioned to support this policy shift with domestic production and infrastructure.
Uranium Energy Corp (NYSE American: UEC) announced the appointment of its Founder, President and CEO Amir Adnani to the World Nuclear Association (WNA) Board of Management. The WNA, based in London, is a key industry organization whose members represent 70% of global nuclear energy generation. The association's 20-member Board provides management guidance and sets strategic policies.
The appointment comes at a significant time as countries and organizations worldwide pledge to triple global nuclear capacity by 2050. Adnani expressed his commitment to helping guide the transformation of clean energy delivery, while WNA Director General Sama Bilbao y León welcomed his entrepreneurial experience and engagement with the finance community as valuable additions to the Board.
Uranium Energy Corp (UEC) reported significant Q2 fiscal 2025 achievements, including $49.8 million in revenue from selling 600,000 pounds of U3O8 at $82.92/lb, generating $18.2 million in gross profit. The company holds 1,356,000 pounds of U3O8 inventory valued at $97.3 million and maintains strong liquidity with $214 million in assets and zero debt.
Key operational highlights include successful uranium processing at Wyoming's Irigaray Plant, advancement of the Burke Hollow ISR Mine in Texas, and the strategic acquisition of Rio Tinto's Sweetwater Plant for $175 million, adding 4.1 million pounds U3O8 annual licensed capacity.
The company's Roughrider Project showed promising economics with a $946 million post-tax NPV, 40% IRR, and competitive AISC of $20.48/lb U3O8, positioning it among the lowest 15% in global production costs.
Uranium Energy Corp (UEC) has achieved a significant operational milestone by successfully processing, drying, and drumming uranium concentrates at its Irigaray Central Processing Plant in Wyoming. This achievement follows the initial uranium production from the company's Christensen Ranch In-Situ Recovery operations. The produced uranium concentrates will be transported to the ConverDyn Conversion Facility in Illinois.
The company is six months into its phased ramp-up of operations, with this milestone being reached on schedule. As a debt-free and unhedged uranium producer, UEC maintains financial flexibility to adjust production based on market conditions. The White House's newly established National Energy Dominance Council has recognized uranium as a national asset, positioning UEC strategically in America's nuclear fuel supply chain as the largest and fastest-growing uranium company in the country.
Uranium Energy Corp (UEC) has completed the acquisition of 107,142,857 common shares of Anfield Energy Inc. for $10.46 million ($15 million CAD) at $0.14 CAD per share. Following this acquisition on January 15, 2025, UEC's total ownership in Anfield increased to 203,415,775 shares, representing approximately 17.8% ownership on a non-diluted basis and 24.2% on a partially diluted basis.
Prior to this transaction, UEC owned 96,272,918 Anfield shares and an equal number of warrants exercisable at $0.18 CAD per share until May 12, 2027. The company has agreed not to exercise warrants that would result in becoming a 'Control Person' without TSX Venture Exchange approval. UEC states the shares were acquired for investment purposes and may adjust its ownership position based on future evaluations.
Uranium Energy Corp (UEC), the largest and fastest-growing U.S.-based uranium company, will participate in the Goldman Sachs Energy, CleanTech & Utilities Conference on January 8-9, 2025. CEO Amir Adnani will deliver a fireside chat on January 8 at 2:20 PM ET, focusing on the growing demand for secure, U.S.-based uranium production and UEC's strategic market vision.
Management will conduct one-on-one investor meetings during the conference to discuss the expansion of UEC's production platforms and infrastructure, including their recent Sweetwater Plant acquisition from Rio Tinto in Wyoming. The company emphasizes its strategic position to meet increasing U.S. and global uranium demand from geopolitically stable jurisdictions.
Uranium Energy Corp (UEC) has completed the acquisition of Rio Tinto's Wyoming assets for $175.4 million in cash. The acquisition includes the Sweetwater Plant, a fully-licensed facility with 4.1 million pounds U3O8 annual capacity, and uranium mining properties including the Red Desert and Green Mountain Projects, containing approximately 175 million pounds of historic resources.
The Sweetwater Plant, with a 3,000-ton-per-day processing capability, can be adapted for both conventional and In-Situ-Recovery operations. This acquisition establishes UEC's third U.S. hub-and-spoke production platform and makes UEC the largest U.S. licensed production capacity holder at 12.1 million pounds U3O8 annually.
The company plans to upgrade historic estimates through an S-K 1300 technical report, build a dedicated team, and refurbish the Sweetwater Plant for ISR processing.
Uranium Energy Corp (UEC) reported key developments in its Q1 FY2025 quarterly report. The company successfully restarted operations at the Christensen Ranch Mine in Wyoming and began uranium resin transportation to the Irigaray Plant, which now has an expanded production capacity of 4.0 million pounds U3O8 annually. UEC completed an Initial Economic Assessment for the Roughrider Project, projecting a post-tax NPV of $946 million and 40% IRR.
The company announced an agreement with Rio Tinto to acquire the Sweetwater Plant and uranium projects in Wyoming with approximately 175 million pounds of historic resources. Financial highlights include sales of 210,000 pounds of U3O8 at $81.37 per pound, generating $6.3 million in gross profit. UEC maintains strong liquidity with over $350 million in assets and zero debt, while holding inventory of 1,256,000 pounds of U3O8 valued at $100.5 million.