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Uranium Energy Corp UEC

Uranium Energy Corp. is a uranium mining company. It advances its In-Situ Recovery (ISR) mining uranium projects in the United States and 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 Sweetwater Plant, Red Desert Uranium Project and Green Mountain Uranium Project.


NYSEAM:UEC - Post by User

Post by GSTbay1060on Dec 14, 2023 6:37pm
108 Views
Post# 35785725

From Amir

From Amir
Historic week for the American #uranium fuel cycle!
 
Senate & House have passed the NDAA which sends the Nuclear Fuel Security Act to @POTUS for signature into law. 
 
Separately, the House unanimously passed the Russian Uranium Ban. Earlier today @SenJohnBarrasso sought unanimous consent from the Senate to pass their companion Russian uranium ban bill. Senators Risch (R-ID), Brown (D-OH), @Sen_JoeManchin (D-WV) offered their statements of support, but unfortunately Senator Cruz has placed a hold on the bill for reasons unrelated to the issue. 
 
What’s next? While on hold, the ban bill is still pending in the Senate who are set to return on Monday, providing additional time to resolve the issue. If unsuccessful, it simply rolls into the new year with overwhelming bipartisan support. 
 
As a Texas based company, @UraniumEnergy remains confident that @SenTedCruz will support this historic bill in time to support a strategic growth industry in his state while eliminating our dependence on Putin to power 1 in every 5 homes in America .
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