Uranium Energy Restarts ISR Mine, Expands Capacity to 12.1M Pounds
Uranium Energy Corp successfully restarted its Christensen Ranch in-situ recovery mine in Wyoming’s Powder River Basin, marking its transition from developer to active producer. The acquisition of the Sweetwater mill expanded its licensed annual capacity to 12.1 million pounds, positioning it as the largest U.S. uranium producer.
1. Developer-to-Producer Transition
Uranium Energy Corp restarted the Christensen Ranch in-situ recovery mine in Wyoming’s Powder River Basin, initiating commercial production and ending its prior developer-only status.
2. Sweetwater Mill Acquisition
The acquisition of Rio Tinto’s Sweetwater processing mill increased Uranium Energy's licensed throughput, integrating milling capacity to process up to 12.1 million pounds of uranium annually.
3. Capacity and Market Position
With combined mine and mill capacity of 12.1 million pounds, Uranium Energy becomes the largest licensed uranium producer in the U.S., positioning it to capture rising demand driven by federal support for nuclear energy.