https://www.miningweekly.com
Energy|Nuclear|SECURITY
Energy|Nuclear|SECURITY
energy|nuclear|security

UEC supplies 300 000 lb to US strategic uranium reserve

26th January 2023

By: Mariaan Webb

Creamer Media Senior Deputy Editor Online

     

Font size: - +

NYSE American-listed Uranium Energy Corp (UEC) has received $17.85-million from the US Department of Energy (DoE) for supplying 300 000 lb of US origin uranium concentrates at $59.50/lb to the National Nuclear Security Administration (NNSA).

The DoE awarded the contract to UEC last month, in response to the NNSA’s request for proposals to establish its strategic national uranium reserve programme.

“We are honoured and delighted to have supplied 300 000 lb of US origin uranium concentrates to the NNSA and look forward to the continuation of the uranium reserve programme and working with the DoE in the coming years,” said CEO and president Amir Adnani.

The NNSA last year issued a solicitation to purchase up to an estimated one-million pounds of domestically produced uranium, through up to four awards of 100 000 lb to 500 000 lb.

Other suppliers who have won contracts include Energy Fuels and Peninsula Energy subsidiary Strata Energy.

Edited by Creamer Media Reporter

Comments

 

Showroom

Rio-Carb
Rio-Carb

Our Easy Access Chute concept was developed to reduce the risks related to liner maintenance. Currently, replacing wear liners require that...

VISIT SHOWROOM 
Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Mining Weekly Editor Martin Creamer
Copper shares soar and green hydrogen goes digital
26th April 2024
Magazine cover image
Magazine round up | 26 April 2024
26th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.129 0.166s - 108pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: