Uranium Energy Corp. Commences Production at Burke Hollow ISR Uranium Mine

Uranium Energy Corp. (UEC) announced on April 8, 2026, that it has received approval from the Texas Commission on Environmental Quality and commenced production at its Burke Hollow project. This marks the world's newest in-situ recovery (ISR) uranium mine and the first new U.S. ISR operation in over a decade. The Burke Hollow project is described as the largest ISR uranium discovery in the U.S. in the past decade, with significant long-term development potential. Production will be processed at the Hobson Central Processing Plant. This development positions UEC as the only U.S. uranium company with two active producing ISR hub-and-spoke platforms, with plans for further expansion. The company also highlighted its strong position with the largest uranium resource base in the United States and its 100% unhedged strategy.