Uranium Energy Corp - Company Profile
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Business Description
Uranium Energy Corp (UEC) is a natural resource exploration company that carries out the development, extraction, and processing of uranium concentrates in the US and Paraguay. Its key projects include Hobson Processing Facility, Palangana Mine, Burke Hollow project, Goliad, Salvo Project and Longhorn in Texas; Long Park and Slick Rock projects in Colorado; Anderson, Los Cuatros and Workman Creek projects in Arizona; Oviedo, Yuty, and Alto Parana projects in Paraguay; Dalton Pass project and C de Baca project in New Mexico; Diabase project in Canada, and Reno Creek project in Wyoming. The company owned one uranium mine, the Palangana Mine, which utilizes ISR mining and produces uranium oxide in Texas. The company owns a 100% licensed and permitted Hobson Processing Facility in the center of all its projects in South Texas. This facility is an in-situ recovery (ISR) uranium processing plant, which is situated approximately 100 miles northwest of Corpus Christi in Karnes County, Texas. It has an annual physical capacity to process two million pounds of uranium oxide (U3O8) and also has a license to process one million pounds of U3O8 per annum from the Palangana Mine.
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