Uranium Energy Corp. Begins Production at Burke Hollow, Strengthening U.S. Uranium Supply Chain

Uranium Energy Corp. (NYSE American: UEC) has begun production at its Burke Hollow in-situ recovery (ISR) project in South Texas, a milestone the company describes as the largest greenfield ISR uranium project to enter production in the United States in more than a decade. The announcement came as part of the company’s fiscal third-quarter 2026 results, which also highlighted a debt-free balance sheet with $794 million in liquid assets.

The commencement of production at Burke Hollow is a significant step for UEC as it expands its U.S. uranium operations. The company is also advancing production growth at its Christensen Ranch operation and development activities at the Ludeman and Sweetwater projects. These efforts are part of UEC’s broader strategy to build what it calls America’s only vertically integrated uranium fuel supply chain, which includes progress at its planned uranium conversion facility through United States Uranium Refining & Conversion Corp.

UEC’s expansion comes amid federal support for domestic nuclear fuel development, notably through the Department of Energy’s ‘Nuclear Dominance – 3 by 33’ initiative. This initiative aims to strengthen the U.S. nuclear fuel supply chain and reduce reliance on foreign sources. The company also noted continued advancement of its Roughrider uranium project in Saskatchewan and its Alto Paraná titanium and vanadium project in Paraguay.

Uranium Energy Corp. controls the largest uranium resource base and the most licensed production capacity in the United States, totaling approximately 12 million pounds per year across its Wyoming and South Texas platforms. In Canada, the company holds one of the most extensive land and resource portfolios in the Athabasca Basin, anchored by the Roughrider Project in Saskatchewan.

UEC maintains a 100% unhedged uranium strategy, providing full exposure to uranium market fundamentals. The company is managed by professionals with decades of experience across uranium exploration, development, production, and fuel cycle infrastructure.

For more information on UEC’s latest news and updates, visit the company’s newsroom at https://ibn.fm/UEC. The full press release is available at https://ibn.fm/vkrVw.

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