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

<< Previous

Bullboard Posts

Next >>

Post by mangoeon Jul 08, 2024 6:04pm

103 Views

Post# 36123504

🦻🐦Reliable sources with their finger on the pulse of the ❓

John Quakes

@quakes99 -

Reliable sources with their finger on the pulse of the Russian enriched #Uranium ban waivers fiasco in Washington say that the Commerce view that the Act sets hard non-negotiable annual limits on ALL imports of Russian LEU, applicable to the combined amounts for allied nations and US domestic use, is the one aligned with what Congress intended when they drafted and passed the Ban legislation.

Temporary imports of Russian LEU being fabricated into reactor fuel for allied nations represent something on the order of 30% of the hard limits set in the law.

If the Commerce view prevails then the maximum imports of Russian LEU destined for delivery to US Nuclear utilities and Centrus, that can be granted by waivers, will be circa 30% lower than was expected.

Neither DOE nor Commerce wish to deny waivers needed to ensure that US allied partners get the reactor fuel they've already ordered for delivery into the US to fulfill contracts with US nuclear fuel assembly fabrication plants.

Hoping to hear more news on this drama as it unfolds.