Uranium Energy Corp ( UEC ) is advancing uranium production with the processing and packaging of concentrates at its Irigaray Central Processing Plant (CPP) in Wyoming. A project that seeks to improve the country’s uranium supply capacity.
Uranium production at the Irigaray Central Plant
The uranium concentrates processed at Irigaray will be transferred to the ConverDyn conversion plant in Illinois. The operation is part of UEC’s strategy to consolidate its presence in the nuclear energy sector, ensuring a stable and sustainable supply of nuclear fuel.
We are now six months into the ramp-up phase of our operations and are excited to reach another milestone on schedule with dry and drummed uranium concentrates.
This marks the culmination of many years of planning and hard work by our entire team and is a testament to their experience and dedication. UEC’s fully permitted ISR assets provide a profitable foundation for sustainable growth, positioning UEC as a key player in the expanding nuclear energy sector.
Amir Adnan, President and CEO of UEC.
UEC is a debt-free and unhedged uranium producer, giving it the financial flexibility to efficiently scale production. It also holds permits to operate multiple In Situ Recovery ( ISR ) projects, which reduces costs and accelerates uranium extraction compared to conventional methods.
The recent endorsement by the White House National Energy Dominance Council , which recognizes uranium as an essential resource for energy security, reinforces UEC’s position. Limited availability of US uranium and growing investment in nuclear energy could favor higher prices, benefiting companies with established operational capacity.
UEC ‘s Irigaray PPP is one of the largest uranium processing plants in the United States, with a licensed production capacity of 2.5 million pounds per year and plans to expand to 4 million more in the coming years.
Follow us on social media and don’t miss any of our posts!
YouTube LinkedIn Facebook Instagram X(Twitter) TikTok
Source: Uranium Energy Corp
Photo: Shutterstock
