Uranium Energy Corp. UEC

What this company does

UEC is a pure-play uranium company advancing its next generation of low-cost, in-situ recovery (“ISR”) mining uranium projects. It has two extraction ready ISR hub and spoke platforms in South Texas and Wyoming, anchored by fully licensed and operational processing capacity at its Hobson and Irigaray plants. Uranium Energy Corp. was incorporated under the laws of the State of Nevada on May 16, 2003 under the name Carlin Gold Inc. The company is primarily engaged in uranium mining and related activities, including exploration, pre-extraction, extraction and processing, on uranium projects located in the United States, Canada and the Republic of Paraguay. It has one uranium processing facility located in the State of Texas, its Hobson Processing Facility, which processes material from its ISR Mines into drums of U3O8, its only sales product and source of revenue. As of July 31, 2025, the company's employee population consisted of 171 individuals working for it and its consolidated subsidiaries, 129 of whom were located in the U.S., 28 in Canada and 14 in Paraguay.

Written from the business description in URANIUM ENERGY CORP's annual report to the U.S. Securities and Exchange Commission, filed 24 September 2025. Every sentence was checked against that document before publication.