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Uranium Energy Corp achieved record low-cost production, expanded capacity, and built a strong U.S. uranium supply chain in 2025.
Uranium Energy Corp reported a transformative fiscal 2025, achieving low-cost production of $36.41 per pound and producing 130,000 pounds of uranium concentrate by July 31, 2025, at its Wyoming operations. The company commissioned the Irigaray Central Processing Plant, expanded production capacity to 12.1 million pounds annually after acquiring Rio Tinto’s Sweetwater Complex for $175 million, and advanced the Burke Hollow project in Texas toward a December 2025 start-up. It launched a vertically integrated U.S. refining and conversion business, strengthened its balance sheet with $321 million in cash and no debt, and built a $96.6 million inventory of 1.356 million pounds of uranium. With $66.8 million in revenue and $24.5 million in gross profit in the first half of the year, UEC remains fully unhedged, positioning itself to benefit from rising uranium prices driven by growing U.S. nuclear policy support and demand from AI and data centers.