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Uranium Energy Will Restart Uranium Production At Its Christensen Ranch In-situ Recovery Operations In Wyoming. The Recovered Uranium Will Be Processed At Irigaray Central Processing Plant With Current Licensed Capacity Of 2.5M Pounds U3O8 Per Year

Author: Benzinga Newsdesk | January 16, 2024 07:33am

The first production is expected during August of this year and will be funded with existing cash on the Company's balance sheet. As UEC's strategy has been to remain 100% unhedged, produced uranium will be sold at prevailing spot market prices which was $106 per pound U3O8 as of January 15, 2024 as reported by UxC.

Posted In: UEC


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