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Uranium Energy Corp UEC

Metals & Mining Industrial Metals & Minerals
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

Uranium Energy Corp
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Post by mangoeon Mar 08, 2024 8:21pm
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Post# 35923957

Finally!😃 After a long wait the US Senate has just passed ❓

Finally!😃 After a long wait the US Senate has just passed ❓



John Quakes
@quakes99 -



Finally! After a long wait the US Senate has just passed the 6-bill budget package by a vote of 75 to 22 now on its way to President Biden's desk for signature. The bill injects $2.7 Billion into the US #Uranium sector to fund provisions in the '#Nuclear Fuel Security Act' and its expanded 'American Assured Fuel Supply Program' signed into law in December.

The $2.7 Billion will fund domestic US production of LEU and HALEU reactor fuel in order to offset the impact of a US ban on imports of enriched uranium from #Russia and replenish/expand the strategic 'Uranium Reserve' thru DoE direct purchases of US-mined drums of physical #U3O8 from US producers.

This funding also paves the way for the Senate to now vote to pass the Prohibiting Russian Uranium Imports Act (H.R. 1042) that was passed by the House in December. cbsnews.com/news/senate-vo
 
 
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