Uranium Energy Corp. (NYSE American: UEC) announced that it has filed its Quarterly Report on Form 10-Q for the quarter ended Jan. 31, 2026, highlighting progress across its U.S. in-situ recovery (“ISR”) uranium operations and balance sheet strength. During the quarter, the company completed construction of the Burke Hollow ISR uranium mine, expanded production capacity in Wyoming and South Texas pending final regulatory approvals, and advanced feasibility, siting, and licensing work for United States Uranium Refining & Conversion Corp.
UEC also reported selling uranium at prices more than 25% above the quarterly average while maintaining $818 million in liquid assets and no debt at quarter end. This financial strength positions the company to scale production and support the development of a vertically integrated U.S. nuclear fuel supply chain. According to the press release, UEC is America’s largest and fastest growing supplier of uranium needed to produce safe, clean, reliable nuclear energy.
The company is advancing the next generation of low-cost, environmentally friendly ISR mining uranium projects in the United States and high-grade conventional projects in Canada. UEC has three hub and spoke platforms in South Texas and Wyoming with a combined licensed production capacity of 12.1 million pounds U3O8 per year. These production platforms are anchored by licensed Central Processing Plants (“CPPs”) and served by multiple U.S. ISR uranium projects. In August 2024, ISR operations began at the Christensen Ranch project in Wyoming, sending uranium loaded resin to the Irigaray CPP in Wyoming.
UEC has diversified uranium holdings including: a conventional pipeline of high-grade Canadian projects anchored by the world-class Roughrider project; one of the largest physical uranium portfolios of U.S. warehoused U3O8; and a major equity stake in Uranium Royalty Corp., the only royalty company in the sector. The company’s operations are managed by professionals with decades of hands-on nuclear fuel industry experience including the key facets of uranium exploration, development, mining, and production.
For more details, the full press release is available at https://ibn.fm/fnuW1. Additional news and updates relating to UEC can be found in the company’s newsroom at https://ibn.fm/UEC.
