As U.S. Prepares to Fix Production Gap, Uranium Energy Corp. (NYSE American: UEC) Further Grows Only Recent U.S. Uranium Discovery
Despite consuming 27% of the world’s uranium requirements, the U.S. produces virtually no uranium Texas-based Uranium Energy Corp. has more than 100 million pounds of uranium in the ground in its portfolio, in addition to 2.1 million pounds of warehoused physical uranium inventory UEC recently completed 40 development holes at its flagship Burke Hollow project, adding data to what potentially is the largest Goliad Formation deposit ever discovered in the South Texas Uranium Trend Currently, U.S. uranium production is practically nonexistent: Most of the country’s requirements are from foreign sources with almost half coming from Former Soviet Union countries, including…
