Bullboard - Stock Discussion Forum Uranium Energy Corp. UEC

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Uranium Energy Corp. (UEC: NYSE American) is an independent U.S. uranium mining company. UEC controls 104M lbs. of qualified resources and a fully permitted uranium processing plant in South Texas. The Company has a potential production profile of 4 million pounds of U.S.-origin U3O8 per year with room to expand. Chairman is former U.S. Energy Secretary, Spencer Abraham.

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Uranium Energy Corp. > "With mine [#Uranium] supply insufficient to meet world ❓

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Post by mangoe on Apr 23, 2024 4:02pm

"With mine [#Uranium] supply insufficient to meet world ❓

John Quakes

@quakes99 -

"With mine [#Uranium] supply insufficient to meet world [#Nuclear] reactor requirements, countries have been forced to rely on secondary supplies, predominantly commercial inventories. We believe that in 2024 the available-for-sale inventories have been largely depleted and that security of supply has become paramount, which will likely lead to the rebuilding of utility uranium inventories."