November 9, 2022
Uranium Energy: Summary of the Latest Acquisitions
Interview with UEC Executive Vice President, Scott Melbye, at the 2022 Precious Metals Show in Munich. Uranium Energy has invested $570 million in acquisitions in recent years. With the acquisition of Uranium One, the company has two production-ready "hub and spoke" facilities that can quickly be put into production. However, Uranium Energy is waiting for a higher uranium price of about $60. In the medium term, Scott Melbye sees prices above $100 per pound.