Uranium Energy Corp commenced production at its Burke Hollow project in South Texas after receiving approval from the Texas Commission on Environmental Quality. The company describes Burke Hollow as the newest in-situ recovery uranium mine and the first new U.S. in-situ recovery operation to begin in more than a decade.
Combined with recently approved capacity expansion at the Christensen Ranch operation in Wyoming, the company now runs two active producing in-situ recovery hub-and-spoke platforms, a position it says is unique among U.S. uranium producers. The company controls roughly 12 million pounds per year of licensed production capacity across its Wyoming and South Texas operations, and it has identified the Ludeman project in Wyoming for a planned startup in 2027.
The production milestones come as U.S. policy increasingly favors a domestic nuclear fuel supply chain. Reactor demand and federal programs aimed at reducing reliance on foreign enrichment have lifted interest in domestic uranium output. In-situ recovery extracts uranium by circulating a solution through underground ore bodies rather than conventional mining, a method used across South Texas and Wyoming. The company scheduled fiscal third-quarter results for early June, with operations weighted toward its hub-and-spoke model.
Source: Uranium Energy Corp - https://www.uraniumenergy.com/news/releases/index.php?content_id=1134