Uranium Energy Corp to Participate in Goldman Sachs Conference

By Bobby Samwell • Friday, December 20 10:19 • Permanent Link

Uranium Energy Corp (NYSE American: UEC) has announced its participation in the upcoming Goldman Sachs Energy, Cleantech & Utilities Conference, with Chief Executive Officer and President, Amir Adnani, and Executive Vice President, Scott Melbye, scheduled to speak at the event on January 8-9, 2025. The company plans to discuss the growing demand for secure, U.S.-based uranium production and its strategic vision in the marketplace during this event.

Uranium Energy Corp is the largest and fastest-growing U.S.-based uranium company, with a focus on advancing low-cost, environmentally friendly in-situ recovery (ISR) mining uranium projects in the United States and high-grade conventional projects in Canada. The company's licensed production capacity is reported to be 12.1 million pounds U3O8 per year, supported by its production platforms in South Texas and Wyoming.

In August 2024, ISR operations commenced at the Christensen Ranch project in Wyoming, with uranium loaded resin being sent to the Irigaray Central Processing Plant (CPP) in Wyoming. Additionally, the company has diversified uranium holdings, including a conventional pipeline of high-grade Canadian projects and one of the largest physical uranium portfolios of U.S. warehoused U3O8.

Furthermore, Uranium Energy Corp recently acquired the Sweetwater plant in Wyoming from Rio Tinto, further expanding its production platforms and infrastructure. This acquisition positions the company well to meet the increasing demand for nuclear fuel supply from geopolitically stable jurisdictions, both in the U.S. and globally.

The company's operations are managed by professionals with extensive experience in the nuclear fuel industry, covering uranium exploration, development, mining, and production.

With this latest development and the upcoming participation in the conference, Uranium Energy Corp continues to strengthen its position as a key player in the uranium production sector, with a focus on meeting the rising demand for nuclear energy resources. The market has reacted to these announcements by moving the company's shares -1.5% to a price of $7.35. Check out the company's full 8-K submission here.

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