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Uranium Energy Files Fiscal 2025 Annual Report
Breakthrough Year Transitioning to Uranium Production in Wyoming, Burke Hollow Nearing Start-Up in Texas, and the Launch of U.S. Uranium Refining & Conversion C
About this update from Uranium Energy Corp.
[{"type":"text","content":" Breakthrough Year Transitioning to Uranium Production in Wyoming, Burke Hollow Nearing Start-Up in Texas, and the Launch of U.S. Uranium Refining & Conversion Corp Creates America's Only Vertically Integrated Uranium Company from Mining to Planned Conversion Accretive Acquisition of Rio Tinto's Sweetwater Complex Established UEC's Third U.S. Hub-and-Spoke Production Platform, Expanded Licensed Capacity to 12.1 Million Pounds U₃O₈ Annually, Solidified UEC's Position as the Largest U.S. Uranium Company by Estimated Resources and Licensed Production Capacity Operational Highlights: Initial Production Ramp-Up: Approximately 130,000 pounds of precipitated uranium and dried and drummed U3O8 (uranium concentrate) as of July 31, 2025. Achieved Low-Cost Production: Total Cost per Pound(1) of $36.41, including Cash Cost per Pound(1) of $27.63 and Non-Cash Cost per Pound(1) of $8.78, with successful commissioning of the Irigaray Central Processing Plant from elution through to packaged product, based on 26,421 pounds of U3O8 dried and drummed in fiscal 2025. Process Upgrades at Irigaray Plant Initiated in Q4: Building on Christensen Ranch refurbishment earlier in the year to support higher production rates, commenced upgrades at Irigaray designed to support 24/7, two-shift operations. This work is expected to allow the drying and drumming of precipitated uranium currently kept in thickeners to proceed at an expedited rate. Christensen Ranch Expansion: Two new in-situ recovery (\"ISR\") mine-units constructed and commissioned in recent months at Christensen Ranch, with Header Houses 10-7 and 10-8 boosting Powder River Basin production. Burke Hollow 90% Complete, America's Next ISR Mine: Targeting construction completion by November 2025, positioning for operational start-up in December with pipelines being pressure tested and pumps set to launch the newest production area in South Texas. Sweetwater Acquisition from Rio Tinto: Acquired the Sweetwater Plant and Rio Tinto's other Wyoming uranium assets for $175 million, adding approximately 175 million pounds of historic resources(4). The project was recently designated by the U.S. Government for fast-track permitting to add ISR capability. Roughrider Pre-Feasibility Commenced: Metallurgical test work significantly advanced, bulk solv...