Uranium Energy Corp (NYSE American: UEC) has commenced production at its Burke Hollow in-situ recovery (ISR) project in Texas, following approval from the Texas Commission on Environmental Quality. This milestone marks the first new U.S. ISR uranium operation to come online in over a decade, according to the company's press release.
The startup at Burke Hollow, combined with recent expansion approvals at its Christensen Ranch operations in Wyoming, positions UEC as the only U.S. uranium company with two active ISR hub-and-spoke platforms. The company is advancing a scalable domestic production strategy supported by a large resource base and growing policy support for the U.S. nuclear fuel supply chain.
Uranium Energy Corp is America's largest and fastest growing supplier of uranium needed to produce nuclear energy. The company operates three hub-and-spoke platforms in South Texas and Wyoming with a combined licensed production capacity of 12.1 million pounds U3O8 per year. These production platforms are anchored by licensed Central Processing Plants (CPPs) and served by multiple U.S. ISR uranium projects.
In August 2024, ISR operations began at the Christensen Ranch project in Wyoming, sending uranium loaded resin to the Irigaray CPP. The company also holds a diversified portfolio including a conventional pipeline of high-grade Canadian projects anchored by the Roughrider project, one of the largest physical uranium portfolios of U.S. warehoused U3O8, and a major equity stake in Uranium Royalty Corp.
The commencement of production at Burke Hollow underscores the growing momentum behind domestic uranium production as the U.S. seeks to secure its nuclear fuel supply chain. For more details, the full press release is available at https://ibn.fm/yw1uh.
Uranium Energy Corp's operations are managed by professionals with decades of hands-on nuclear fuel industry experience, covering uranium exploration, development, mining, and production. The company's newsroom provides the latest updates at https://ibn.fm/UEC.
