URANIUM ENERGY CORP
2. Uranium Energy
Market cap: US$186 million
Uranium Energy’s Palangana in-situ recovery uranium mine in south Texas. Credit: Uranium Energy.
Uranium Energy(NYSE-AM: UEC) is a uranium exploration and mining company headquartered in Corpus Christi, Texas. The company’s hub-and-spoke operations are anchored around its Hobson uranium processing facility, located 160 km northwest of Corpus Christi, which is central to its Palangana mine, Burke Hollow project and Goliad in-situ recovery (ISR) project.
The Palangana mine contains measured and indicated resources of 440,160 tonnes grading 0.135% uranium oxide (U3O8) for 1.06 million contained lb. U3O8 and inferred resources of 367,360 tonnes of U3O8 grading 0.176% U3O8 for 1.15 million lb. U3O8 at a cutoff grade of 0.5 gram per tonne.
Uranium Energy’s other North American uranium projects include the Reno Creek project, the largest permitted ISR uranium project in the U.S., located in northeast Wyoming; the Salvo and Longhorn projects in Texas; the Anderson, Los Cuatros, and Workman Creek projects in Arizona; and the Dalton Pass and Ce de Baca projects in New Mexico. It also controls the Diabase early-stage uranium project in Saskatchewan, Canada; and the Long Park and Slick Rock uranium-vanadium projects in Colorado.
The company’s South American assets include the Oviedo and Yuty ISR uranium projects and the Alto Parana titanium project, all located in Paraguay.