NetworkNewsBreaks – Uranium Energy Corp. (NYSE A
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Uranium Energy (NYSE American: UEC) president and CEO Amir Adnani is the featured guest on the most recent episode of The Bell2Bell Podcast. Hosted by Stuart Smith, The Bell2Bell Podcast, which is an InvestorBrandNework offering, provides insightful updates and inspiring interviews with executives operating in fast-moving industries. During his segment, Adnani provided an overview of UEC’s business model, noting that the company develops uranium projects using the in-situ recovery method, which is both low cost and environmentally friendly. Adnani talked about a few of the company’s projects and operations, including its fully licensed Hobson Processing Facility, one of only a few uranium processing plants in the United States, and the Burke Hollow project in South Texas, one of the largest production areas currently in the country. He also observed that 100% of the uranium currently needed to generate electricity in nuclear power plants, which produce more than half of the country’s carbon-free energy, comes from foreign sources. He also talked about the Biden administration’s climate objectives to further reduce carbon emissions, which include a program called the U.S. Uranium Reserve. Through the program, the federal government will look to purchase $1.5 billion of newly mined U.S.-origin uranium over the next decade. “This is exciting,” said Uranium Energy president and CEO Amir Adnani during the podcast. “In the 15 years that I’ve been the CEO of Uranium Energy Corp., we’ve never seen a program like this where the U.S. government looks to purchase uranium. With our fully permitted projects in South Texas and Wyoming, we are the leader in our space for having the largest resource base of fully permitted low-cost in-situ recovery projects.”
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