Uranium Energy Corp Signs Long-Term Supply Agreements for 1.1 Million Pounds of Uranium
Uranium Energy Corp (UEC) has entered into long-term supply agreements with two major, unnamed U.S. nuclear utilities. The contracts cover the delivery of 1.1 million pounds of uranium concentrates over a six-year period. The agreements are structured to be unhedged, meaning deliveries will occur at prevailing spot market prices. This move provides Uranium Energy with significant long-term visibility for its production and reinforces its position within the U.S. nuclear energy supply chain.
Tickers: $UEC
Topics: Commodity Contracts Nuclear Energy Uranium Supply Agreement