Uranium Energy Corp has received approval from the Texas Commission on Environmental Quality and begun production at its Burke Hollow project in South Texas, described by the company as the first new U.S. in-situ recovery uranium operation to begin production in more than a decade. The project is located near Corpus Christi and sits on roughly 20,000 acres, of which about half remains unexplored.
Uranium Energy Corp said Burke Hollow is now its second active in-situ recovery platform in the United States, alongside its Christensen Ranch operation in Wyoming, which recently received approval for expanded production capacity. Ore from Burke Hollow will be processed at the company's Hobson Central Processing Plant, which is licensed to produce up to 4 million pounds of uranium annually.
The company describes its combined Wyoming and South Texas operations as representing the largest uranium resource base and most licensed production capacity in the United States, at approximately 12 million pounds per year. Uranium Energy Corp also holds land and resource positions in Canada's Athabasca Basin and is pursuing domestic uranium refining and conversion capabilities through a wholly owned subsidiary.
The startup comes as U.S. uranium producers have moved to expand domestic output amid renewed interest in nuclear power generation, including demand tied to data center electricity needs. Uranium spot prices have risen through 2026 as supply from several major international producers has tightened.
Source: Uranium Energy Corp -- https://www.uraniumenergy.com/news/releases/2026/index.php?content_id=1134