Uranium Energy Corp. Expands with Launch of New U.S. Uranium Refining & Conversion Subsidiary to Boost Nuclear Fuel Security

Reuters
Sep 02
<a href="https://laohu8.com/S/UEC">Uranium Energy Corp</a>. Expands with Launch of New U.S. Uranium Refining & Conversion Subsidiary to Boost Nuclear Fuel Security

Uranium Energy Corp (UEC) has announced the launch of United States Uranium Refining & Conversion Corp (UR&C), a wholly owned subsidiary focused on developing a new American uranium refining and conversion facility. This initiative aims to establish a vertically integrated supply chain for natural UF₆, essential for commercial enrichment and supporting the U.S. nuclear reactor fleet and navy. Led by UEC Chairman Spencer Abraham and CEO Amir Adnani, the project seeks to align with U.S. policy and enhance the country's energy security. UR&C will operate independently to maintain UEC's financial strength while advancing the subsidiary's objectives.

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