Uranium Energy Corporation

What Uranium Energy Corporation does

Uranium Energy Corporation (NYSE American: UEC) is a U.S.-based uranium mining, development, and exploration company founded in 2005 that produces uranium concentrates (U3O8/yellowcake) primarily for nuclear utilities and power generators. Its core technology is In-Situ Recovery (ISR) mining, a low-cost, environmentally friendly method that dissolves uranium in place from underground sandstone formations using oxygenated solutions and recovers it at surface processing facilities, eliminating the surface disturbance and tailings associated with conventional mining. UEC operates a hub-and-spoke production architecture anchored by the fully licensed Hobson processing facility in South Texas and the Irigaray processing facility in Wyoming, with multiple satellite ISR projects feeding these central hubs.

The company's product portfolio spans producing ISR projects (Palangana, Goliad, and the recently commissioned Burke Hollow — described as America's largest greenfield ISR uranium project), resource-stage ISR projects in Texas, Wyoming, New Mexico, and Paraguay (Yuty, Oviedo, Salvo, Reno Creek), conventional uranium projects in Arizona (Anderson, Workman Creek), and a separate titanium venture via the Alto Paraná Titanium Project in Paraguay. Operations extend across the United States, Canada, and Paraguay through wholly-owned subsidiary Transandes Paraguay S.A. Management combines ISR operating expertise with regulated-industry experience, supported by an Advisory Board chaired by former U.S. Secretary of Energy Spencer Abraham.

UEC's revenue model is the sale of uranium concentrates through long-term supply contracts and spot market transactions to nuclear utilities and commodity brokers. Pricing is market-driven, with uranium historically trading in a range of approximately $34–73/lb and the TRADETECH indicator on the corporate site currently showing $85.00/lb. The company is positioning itself as America's only vertically integrated uranium fuel supply chain spanning mining through refining and conversion, an integration intended to capture additional value per pound and align with U.S. domestic nuclear fuel security priorities. Sales and marketing are led by a dedicated VP of Marketing and Sales maintaining direct relationships with utilities and uranium brokers.

Name

Uranium Energy Corporation

Legal name

Uranium Energy Corporation

Website

https://uraniumenergy.com

Company type

Public

Founded year

2005

Operating status

Operating

Ownership category

akta.pro rank

Product category

Uranium Mining

SIC

Metal Mining (1000)

akta.pro primary industry

Uranium Mining & Milling (Yellowcake/U3O8 Production) (EUAKACAB)

akta.pro secondary industries

Uranium Exploration & Resource Development (EUAKACAA), Nuclear Fuel Cycle for Power Generation (Uranium, Conversion, Enrichment, Fuel Fabrication) (EUACADAK)

Keywords

• Uranium mining
• In-situ recovery
• Uranium concentrates
• Nuclear fuel supply
• Yellowcake production

Headquarters

HQ city

Corpus Christi

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Personnel, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Uranium Concentrate Sales: Sale of uranium concentrates (U3O8 or yellowcake) produced from ISR mining operations. Revenue generated through spot market sales and long-term supply contracts with nuclear utilities. The company has completed its first multi-year sales contract and continues to build inventory for future sales.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Uranium Energy Corporation mines and produces uranium concentrates (U3O8/yellowcake) primarily through In-Situ Recovery (ISR) technology at multiple projects in the United States and South America. The company operates a hub-and-spoke production model with central processing facilities in Texas (Hobson) and Wyoming (Irigaray) that process uranium-loaded resins from satellite ISR projects into final saleable product. Sales of uranium concentrate are made to nuclear utilities via spot market transactions and long-term supply contracts.

Product overview

Uranium Energy Corporation is America's largest and fastest-growing uranium company, operating a vertically integrated uranium fuel supply chain. The company's portfolio consists of: (1) In-Situ Recovery (ISR) Technology - a low-cost, environmentally friendly mining method used across Texas and Wyoming projects; (2) ISR Production Projects including Burke Hollow, Palangana, and Goliad feeding the Hobson Processing Plant; (3) Resource-stage ISR Projects including Reno Creek (Wyoming), Salvo (Texas), Yuty and Oviedo (Paraguay); (4) Conventional Mining Projects including Workman Creek and Anderson (Arizona); and (5) the Alto Paraná Titanium Project - a separate titanium/slag production operation in Paraguay. The company operates two hub-and-spoke platforms in South Texas and Wyoming, anchored by fully licensed processing facilities.

Differentiator

Problem solved

Functional benefit

Products and services

• Uranium Concentrate (U3O8 / Yellowcake) Uranium concentrates (U3O8) produced from ISR mining operations, sold to nuclear utilities and power generators as feedstock for nuclear fuel. Generated through a hub-and-spoke model with central processing facilities in Texas (Hobson) and Wyoming (Irigaray) processing uranium-loaded resins from satellite ISR projects.
• Alto Paraná Titanium Project Products (Titania Slag and High Purity Pig Iron) Titanium-related products from the Alto Paraná deposit in Paraguay, including high titania slag and high purity pig iron. Backed by inferred resources of 3.58 billion tonnes at 7.3% TiO2 and indicated resources of 70 million tonnes at 7.6% TiO2.

Quantifiable outcome

• Cash operating costs of approximately $18/lb during initial production ramp-up at Palangana
• +2 more outcomes

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered minor and core.

• TZ Minerals International Pty Ltd (TZMI)minorStrategic or Co-development PartnerGlobal independent consulting and publishing company specializing in mineral sands, titanium dioxide and coatings industries. Co-authored the S-K 1300 Technical Report and economic assessment for the Alto Paraná Titanium Project in Paraguay.
• Spencer AbrahamminorOthersFormer U.S. Secretary of Energy (2001-2005) and U.S. Senator from Michigan (1995-2001). Appointed as Chairman of the Company's Advisory Board in December 2012. Also Chairman and CEO of The Abraham Group, international strategic consulting firm.
• Neutron Energy Inc.minorChannel Partner/ Reseller/ DistributorPrivate corporation based in Englewood, Colorado. Owned 51% of Cibola Resources LLC which owned the Cebolleta uranium project in New Mexico. UEC held 49% joint venture interest. Neutron had option to purchase UEC's interest for $11 million.
• Cue Resources Ltd.minorOthersEffectively acquired through merger on March 30, 2012, resulting in acquisition of undivided 100% interest in the Yuty Project in Paraguay. Cue had acquired option on Yuty Project in July 2006 and conducted exploration drilling programs.
• Transandes Paraguay S.A.coreOthersWholly-owned subsidiary through which UEC operates the Paraguay projects including Yuty and Oviedo. Holds 100% interest in Yuty Mining Exploration and Exploitation Concession.

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Energy Fuels Inc. U.S.-based uranium and rare earths producer operating conventional and ISR mining in the U.S., with toll milling and processing capacity. Direct competitor to UEC in the domestic U.S. uranium market with overlapping target customer base of nuclear utilities.
• Cameco Corporation: World's largest publicly traded uranium producer, mining and milling uranium concentrate (U3O8) for nuclear fuel supply. Directly comparable to UEC as a uranium mining and fuel cycle company, though Cameco operates at significantly larger scale and includes conversion and fuel fabrication.
• Denison Mines Corp. Uranium exploration and development company focused on the Athabasca Basin in Canada. UEC's former CFO Mark Katsumata came from Denison, indicating shared industry DNA. Competes with UEC for capital and uranium resources, though focused more on exploration than production.
• Paladin Energy Ltd: Uranium mining company with ISR and conventional operations focused on Langer Heinrich mine in Namibia. Comparable to UEC as a uranium producer targeting nuclear utilities, with similar ISR/uranium mining technology stack and sales channels.

Broad incumbents

• Kazatomprom: World's largest uranium producer, majority state-owned by Kazakhstan, mining uranium using ISR technology at industry-leading scale. Competes with UEC in the global uranium concentrate market and represents the low-cost benchmark that UEC's ISR model must compete against.
• Centrus Energy Corp: U.S.-based supplier of nuclear fuel components and services, including uranium enrichment, conversion, and SWU supply. Relevant to UEC's downstream vertical integration ambitions into refining and conversion, representing both a competitor and a potential partner or customer in the U.S. nuclear fuel supply chain.

Others

• Yellow Cake plc: London-listed investment vehicle that purchases and holds physical uranium concentrate (U3O8) for long-term appreciation. Related to UEC as a fellow participant in the uranium market, though Yellow Cake does not mine — it provides an indirect investment exposure comparable to UEC's equity.

Emerging players

• Boss Energy Ltd: Australian uranium producer with ISR operations at the Honeymoon mine in South Australia. Comparable to UEC as a junior ISR uranium producer with similar mining methodology, though based in a different jurisdiction.
• NexGen Energy Ltd: Uranium development and exploration company focused on the Rook I project in Canada's Athabasca Basin. Comparable to UEC in the broader uranium investment universe and resource-stage portfolio strategy, though using conventional hard-rock mining rather than ISR.
• Peninsula Energy Ltd: Uranium producer using ISR technology at the Lance Project in Wyoming, U.S. Directly comparable to UEC's Wyoming ISR platform (Irigaray hub), targeting the same U.S. nuclear utility customer base with similar ISR technology.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Uranium Energy Corporation