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

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Post by mangoeon Nov 17, 2024 3:47pm

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Post# 36317271

📈Prices for #Uranium Enrichment and Conversion have seen ❓

John Quakes

@quakes99 -

Prices for #Uranium Enrichment and Conversion have seen extraordinary increases since #Russia invaded #Ukraine due to a lack of Western capacity at those links in the #Nuclear fuel chain of contracts that utilities sign first before contracting for the mined #U3O8 feed required for those contracts, hence #U3O8 prices have lagged those of enrichment SWU and Conversion.

Contrary to popular belief, Western Conversion capacity is currently being ramped up by Western providers, as well-documented in this excellent thread compiled by

@Z_Axis_Capital

which increases the amounts of mined #U3O8 that now need to be secured by those holding and signing Conversion contracts.

The "squeeze" that has rocketed Enrichment and Conversion prices is now moving into the deeply under-supplied #U3O8 link in the contracts chain, the last to experience the price wave that's moving along the chain.