NetworkNewsBreaks – Uranium Energy Corp. (NYSE A
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Posted On: 04/26/2021 2:37:23 PM
NetworkNewsBreaks – Uranium Energy Corp. (NYSE American: UEC) to Utilize ISR to Supply Global Utilities, US Needs
Uranium Energy (NYSE American: UEC) aims to change the current state of affairs in the United States as the country is struggling to maintain its uranium industrial base. “The United States is now nearly completely dependent on foreign uranium imports. Meanwhile, the nation’s domestic enrichment capacity is close to non-existent,” reads an article highlighting Scott Melbye’s testimony at the Senate Committee hearing. Melbye, UEC’s executive vice president, elaborated that the United States possesses over one billion pounds of uranium in known and likely deposits and that his company is keen on turning the tide. “Uranium Energy Corp has worked towards the development of a variety of uranium project sites in locations such as Texas, New Mexico, Colorado, Arizona and Wyoming. At the flagship Texas and Wyoming projects and operations, the low-cost and environmentally friendly mining technology called in-situ recovery (‘ISR’) will be used by UEC to competitively supply uranium to both global utilities and the needs of the U.S. government.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Uranium Energy (NYSE American: UEC) aims to change the current state of affairs in the United States as the country is struggling to maintain its uranium industrial base. “The United States is now nearly completely dependent on foreign uranium imports. Meanwhile, the nation’s domestic enrichment capacity is close to non-existent,” reads an article highlighting Scott Melbye’s testimony at the Senate Committee hearing. Melbye, UEC’s executive vice president, elaborated that the United States possesses over one billion pounds of uranium in known and likely deposits and that his company is keen on turning the tide. “Uranium Energy Corp has worked towards the development of a variety of uranium project sites in locations such as Texas, New Mexico, Colorado, Arizona and Wyoming. At the flagship Texas and Wyoming projects and operations, the low-cost and environmentally friendly mining technology called in-situ recovery (‘ISR’) will be used by UEC to competitively supply uranium to both global utilities and the needs of the U.S. government.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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