Uranium Energy ( (UEC) ) has issued an announcement.

Uranium Energy Corp (UEC) has received approval to boost production capacity at its Irigaray Central Processing Plant in Wyoming to 4 million pounds of U3O8 annually, enhancing its hub-and-spoke strategy in the region. This expansion aligns with the growing demand for nuclear energy, driven by tech giants investing in sustainable power solutions. UEC’s strategic acquisition of Rio Tinto’s Wyoming assets will further strengthen its position with an additional production platform, maximizing opportunities in the U.S. uranium market.

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