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Stock impact report

Uranium Energy Corp Increases Licensed Production Capacity to 4 Million Pounds of U3O8 per year at the Irigaray Processing Plant [Yahoo! Finance]

Uranium Energy Corp. (UEC) 
NASDAQ:AMEX Investor Relations: uraniumenergy.com/invest
Company Research Source: Yahoo! Finance
12.1 million pounds of U O per year of combined U.S. licensed production capacity, upon closing the previously announced acquisition of Rio Tinto's Wyoming Assets CASPER, Wyo. Oct. 17, 2024 /CNW/ - Uranium Energy Corp (NYSE American: UEC) (the "Company" or "UEC" ) is pleased to announce that it has received approval from the Wyoming Department of Environmental Quality, Uranium Recovery Program, to increase the licensed production capacity at its Irigaray Central Processing Plant to 4.0 million pounds of U O annually. The Irigaray Plant serves as the cornerstone of UEC's hub-and-spoke production strategy in the Powder River Basin of Wyoming . The facility supports four of UEC's fully permitted uranium in-situ recovery ("ISR") satellite projects in the area, including the producing Christensen Ranch project. Engineering work is already underway and certain key equipment, including a filter press, has been acquired to increase the plant's output. Amir Adnani , President and CEO, c Show less Read more
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