Saturday, July 5, 2025

Latest

Uranium Energy Corp Begins Production At Christensen Ranch ISR Facility

Uranium Energy Corp (NYSE: UEC) can now officially be classified as a uranium producer, announcing this morning that it has successfully restarted production at the past-producing Christensen Ranch in-site recovery facility in Wyoming.

Production is said to have quietly begun last week on August 6 at Mine Unit 10 at the complex, with initial production meeting expectations in terms of uranium concentration, with grades expected to improve in the coming weeks. Further details on grade were not provided.

The Christensen Ranch ISR facility is the first spoke that will feed the Irigaray CPP, which is currently licensed to process 2.5 million pounds of U3O8 per year.

READ: Uranium Energy Corp Increases Burke Hollow Resource To 6.16 Million Pounds U3O8 M&I

“The Christensen Ranch ISR Mine has successfully restarted and we are in full growth mode with initial recoveries from Mine Unit 10 to be followed with Mine Units 7 and 8 in the coming months. Additionally, we have drilled, cased and completed 55 wellfield patterns to extend Mine Unit 10 that will commence production in 2025. Further production growth is being developed with delineation drilling and monitor well planning at Mine Unit 11,” commented Donna Wichers, VP of Wyoming operations for UEC.

The first shipment of yellowcake from the facility is currently expected to occur in November or December of this year.

Uranium Energy Corp last traded at $4.79 on the NYSE.


Information for this briefing was found via Sedar and the sources mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Torex Gold Acquires Reyna Silver For CASH!

Dundee Acquires Adriatic Metals: The Balkan Growth Strategy

Gold Drilling Scaled to 60,000 Meters: How Big Can This Get? | Roger Rosmus – Goliath Resources

Recommended

Antimony Resources Drills 4.17% Antimony Over 7.4 Metres At Bald Hill

ESGold To Expand Mine Building At Montauban In Advance Of Gold & Silver Production

Related News

Uranium Energy Corp To Acquire Rio Tinto’s Wyoming Uranium Assets For $175 Million

Uranium Energy Corp (NYSE: UEC) has acquired additional uranium assets. The company has entered into...

Monday, September 23, 2024, 09:21:25 AM

Uranium Energy To Now Acquire UEX Corp For Implied Consideration Of $0.49 Per Share, Denison Mines Walks From Discussions

Uranium Energy Corp (NYSE: UEC) has upped its prior offer to acquire UEX Corp (TSX:...

Monday, August 8, 2022, 09:03:19 AM

Uranium Energy Corp Loses $4.6 Million In Q3 2021

Uranium Energy Corp (NYSE: UEC) filed its quarterly report for the nine months ended April...

Wednesday, June 9, 2021, 10:17:05 AM

Uranium Energy Corp To Acquire UEX Corp For $0.43 Per Share In All Stock Deal

Uranium Energy Corp (NYSE: UEC) this morning continued to execute on its strategy of growth...

Monday, June 13, 2022, 07:47:10 AM

Uranium Energy Corp, enCore Energy Awarded Supply Contracts For Strategic Uranium Reserve

The US National Nuclear Security Administration (NNSA) has awarded the final two contracts in relation...

Tuesday, December 20, 2022, 07:42:52 AM