Uranium Energy Corp UEC

Energy

Uranium Energy Corp. is a uranium mining company. The Company advances in In-Situ Recovery (ISR) mining uranium projects in the United States and high-grade conventional projects in Canada. It offers two production ready ISR hub and spoke platforms in South Texas and Wyoming. These two production platforms are anchored by operational central processing plants and served by seven U.S. ISR uranium projects. Additionally, it has diversified uranium holdings, including uranium portfolios of North American warehoused U3O8; an equity stake in Uranium Royalty Corp., and a Western Hemisphere pipeline of resource stage uranium projects. The Texas Hub and Spoke Project includes Hobson Central Processing Plant (CPP), Burke Hollow, Goliad, Palangana, and Salvo. The Wyoming Asset Hub and Spoke In-Situ Recovery Project includes Christensen Ranch and Irigaray (Willow Creek), Moore Ranch, Ludeman, Allemand-Ross, and others. It also owns projects, including Henday Lake, Carswell, and Milliken.

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Uranium Energy Corp > According to Bearer of bad news❓

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Comment by BruceANOon Jun 03, 2023 4:29pm

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RE:According to Bearer of bad news❓

Kazataprom and Cameco do exactly the same thing . They basically stop mining Uranium if they feel the price is too low or they feel the price will be much better in the future. Just like oil , the ore bodies are finite and everybody wants to maximize their profit. Capitalism at its finest. Cameco and Kazataprom are certainly large enough to exercise a fair bit of price control upwards and downwards.

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