An update from Uranium Energy (UEC) is now available.
Uranium Energy Corp. has announced the successful launch of uranium production at its Christensen Ranch ISR operations in Wyoming, with initial uranium concentrations meeting expectations. The company has achieved all startup milestones and anticipates its first shipment of yellowcake in late 2024, aligning with their fiscal Q2. The local workforce is contributing significantly to the project, which is expected to expand with additional hiring in 2025. This development is part of a broader strategy to revitalize U.S. uranium production, driven by national security interests and the need for a reliable domestic supply chain in the nuclear industry.
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