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Uranium Energy Reports Results for First Quarter of Fiscal 2026
Building America's Only Vertically Integrated Uranium Fuel Supply Chain, from Mining to Conversion, Supporting U.S. Enrichment Increasing Production Through Con
About this update from Uranium Energy Corp.
[{"type":"text","content":" Building America's Only Vertically Integrated Uranium Fuel Supply Chain, from Mining to Conversion, Supporting U.S. Enrichment Increasing Production Through Construction of New Low-Cost In-Situ Recovery Capacity in Wyoming and Texas Strategic Inventory Positioning Ahead of Section 232 Decision and Projected Supply Deficits Operational Highlights: Maintained Low-Cost Production Profile: Achieved Total Cost per Pound(1) of $34.35, including Cash Cost per Pound(1) of $29.90 and Non-Cash Cost per Pound(1) of $4.45, based on production of 68,612 pounds of precipitated uranium and dried and drummed U3O8 (uranium concentrate) for the quarter. Irigaray Plant Upgrades Completed: A full refurbishment of the yellowcake thickener and calciner to support 24/7 operations was finalized at the Irigaray Central Processing Plant (\"CPP\"). Drying and drumming operations have resumed, and approximately 49,000 pounds U3O8 were packaged between November 13-30, 2025. Adding a Second Powder River Basin Satellite at Ludeman: Development decision made to advance the fully permitted Ludeman in-situ recovery (\"ISR\") Project's first planned wellfield. Engineering of the satellite ion-exchange (\"IX\") plant is progressing, and procurement of IX vessels is underway. Major Expansion of Wellfield Development at Christensen Ranch: Construction is underway on six additional header houses in new wellfields at the Christensen Ranch ISR operations in the Powder River Basin. Burke Hollow Nears Operational Status, America's Next ISR Mine: Major construction milestones are substantially complete, setting the stage for initial operations at South Texas's newest ISR production facility. The advances at Burke Hollow and Christensen Ranch are expected to drive increased production output through the end of fiscal 2026. Advancing Development Plans for Sweetwater: Work progressed under the FAST-41 permitting designation for Sweetwater. Drilling and engineering plans for mill refurbishment have been initiated. Roughrider Pre-Feasibility Progressing: A 34,000 meter core drilling program commenced in October 2025, targeting conversion of inferred to indicated uranium estimated resources to support the previously announced proposed pre-feasibility study (\"PFS\") for the world-class, high-grade Roughrider Project in the prolific Athabasca Basin of Saskatchewan, Canada....