Uranium Energy Corp Announces Successful Processing of Uranium Concentrates

Uranium Energy Corp (NYSEAMERICAN:UEC) revealed a significant operational achievement in a recent news release on February 19, 2025. The company announced the successful processing, drying, and drumming of uranium concentrates at its Irigaray Central Processing Plant located in Wyoming, following the commencement of uranium production at UEC’s Christensen Ranch In-Situ Recovery operations.

The processed uranium concentrates from the Irigaray Central Processing Plant are slated to be transported to the ConverDyn Conversion Facility in Metropolis, Illinois for further handling.

Amir Adnani, President and CEO of Uranium Energy Corp, expressed enthusiasm about reaching this operational milestone as part of the phased ramp-up of operations. Adnani highlighted the dedication and expertise of the entire team, emphasizing UEC’s fully permitted ISR assets that offer a cost-efficient foundation for sustainable growth, positioning the company as a key player in the expanding nuclear energy sector.

As a debt-free and unhedged uranium producer, UEC stands strong financially and retains flexibility to progress with production in accordance with prevailing market conditions. This financial strength allows the company to escalate production efficiently and responsibly to cater to the growing demand for domestically sourced uranium.

Adnani also emphasized the importance of energy security as a national priority, underlining the White House’s establishment of the National Energy Dominance Council, which recognizes uranium as a vital national asset. The milestone achievement signifies a crucial step in fortifying America’s nuclear fuel supply chain, with expectations that the limited availability of U.S. origin uranium will drive premium pricing, offering UEC a significant competitive advantage as the largest and fastest-growing uranium company in the nation.

The news release by Uranium Energy Corp regarding this operational accomplishment on February 19, 2025, is attached as Exhibit 99.1 to the Company’s latest 8-K filing with the Securities and Exchange Commission.

This article contains forward-looking statements that are subject to risks and uncertainties. Investors are advised to evaluate these factors along with the information provided in the official SEC filing before making any investment decisions.

The financial news article was based on the 8-K SEC Filing for Uranium Energy Corp and was drafted for informational purposes only.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Uranium Energy’s 8K filing here.

Uranium Energy Company Profile

Uranium Energy Corp., together with its subsidiaries, engages in exploration, pre-extraction, extraction, and processing uranium and titanium concentrates in the United States, Canada, and Paraguay. It owns interests in the Palangana mine, Goliad, Burke Hollow, Longhorn, and Salvo projects located in Texas; Anderson, Workman Creek, and Los Cuatros projects situated in Arizona; Dalton Pass and C de Baca project located in New Mexico; Roughrider, Shea Creek, Christie Lake, Horseshoe-Raven, Hidden Bay, Diabase, West Bear, JCU, and other project located in Canada; and Yuty, Oviedo, and Alto Paraná titanium projects in Paraguay.