Uranium Energy Corp. (NYSE American: UEC) reported fiscal third-quarter 2026 results highlighted by the commencement of production at the Burke Hollow in-situ recovery project in South Texas, described by the company as the largest greenfield ISR uranium project to enter production in the United States in more than a decade. UEC also reported a debt-free balance sheet with $794 million in liquid assets, while advancing production growth at its Christensen Ranch operation and development activities at the Ludeman and Sweetwater projects.
Uranium Energy said it is continuing to build what it describes as America’s only vertically integrated uranium fuel supply chain, with progress at its planned uranium conversion facility through United States Uranium Refining & Conversion Corp. The company also highlighted federal support for domestic nuclear fuel development through the Department of Energy’s “Nuclear Dominance – 3 by 33” initiative and noted continued advancement of its Roughrider uranium project in Saskatchewan and its Alto Paraná titanium and vanadium project in Paraguay.
The commencement of production at Burke Hollow is a significant milestone for UEC, as it represents the largest new ISR uranium project to come online in the U.S. in over a decade. This development underscores the company’s position as America’s largest and fastest growing uranium company, with 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. The company’s debt-free balance sheet and substantial liquid assets position it well to continue expanding its operations.
UEC’s focus on building a vertically integrated uranium fuel supply chain is critical for the U.S. nuclear industry, as it aims to reduce reliance on foreign sources of nuclear fuel. The company’s progress at its planned uranium conversion facility through United States Uranium Refining & Conversion Corp. is a key component of this strategy. Additionally, federal support through the DOE’s “Nuclear Dominance – 3 by 33” initiative highlights the importance of domestic nuclear fuel development for national energy security.
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, visit the company’s newsroom at https://ibn.fm/UEC.
The latest news and updates relating to UEC are available in the company’s newsroom at https://ibn.fm/UEC. To view the full press release, visit https://ibn.fm/vkrVw.
