NexGen Energy presents construction progress at Rook I uranium project
NXE•NexGen Energy began construction at Rook I in June 2026 after federal authorization on March 5, and plans production of up to 30 million pounds of uranium annually, with utility sales commitments totaling 11 million pounds.
1. Project construction and plans
NexGen Energy began construction of its Rook I uranium project in June 2026, following federal authorization on March 5, 2026. Planned annual production of up to 30 million pounds would represent about 20% of global primary uranium supply; utility sales commitments total 11 million pounds under a market-related contracting strategy intended to retain exposure to future uranium prices.
