Uranium Energy Corp (UEC: NYSE AMERICAN) is America’s leading, fastest growing, uranium mining company listed on the NYSE American.
UEC is a pure-play uranium company and is advancing the next generation of low-cost, environmentally friendly In-Situ Recovery (ISR) mining uranium projects. The Company has two production ready ISR hub and spoke platforms in South Texas and Wyoming, anchored by fully licensed and operational processing capacity at the Hobson and Irigaray plants.
UEC also has seven U.S. ISR uranium projects with all of their major permits in place.
Additionally, the Company has other diversified holdings of uranium assets, including:
(1) one of the largest physical uranium portfolios of U.S. warehoused U3O8;
(2) a major equity stake in the only royalty company in the sector, Uranium Royalty Corp.; and
(3) a pipeline of resource-stage uranium projects in Arizona, Colorado, New Mexico and Paraguay.
The Company’s operations are managed by professionals with a recognized profile for excellence in their industry, a profile based on many decades of hands-on experience in the key facets of uranium exploration, development and mining.
Uranium Mining Projects in the US
The Company has focused its property acquisition program primarily in the southwestern US states of Texas, Wyoming, New Mexico, Arizona and Colorado. This region has historically been the most concentrated area for uranium mining in the U.S. With the use of historical exploration databases, Uranium Energy Corp has been able to target properties for acquisition that have already been the subject of significant exploration and development by senior energy companies in the past.
Uranium Energy Corp’s strategy of acquiring exploration databases and leveraging those databases to generate acquisition targets has been effective thus far. The Company will continue to aggressively pursue this formula on an ongoing basis.
Uranium Energy Corp is well positioned to capitalize on the world’s overwhelming demand for more uranium, for more energy, for cheaper energy and for a cleaner environment.