UEC

Uranium Energy Corp.

A U.S.-based uranium mining and exploration company headquartered in Corpus Christi, Texas, Uranium Energy Corp. pulls uranium from the ground in Texas, Wyoming, and beyond using in-situ recovery, a technique that dissolves the ore underground rather than digging it up. It was incorporated in Nevada in 2003 as Carlin Gold Inc. before renaming itself Uranium Energy Corp. in 2005 to signal a shift from gold to uranium. A fun detail: its "hub-and-spoke" model has satellite mines like Palangana ship uranium-bearing resin to a central processing plant—and Palangana became the first new in-situ recovery uranium mine to reach production in the U.S. in over five years.