Uranium Energy (NYSE American: UEC), a U.S.-based uranium mining and exploration company, participated at the recent United Nations Climate Change Conference (COP28) event held in Dubai. According to the announcement, UEC president and CEO Amir Adnani spoke at COP28 on sustainable uranium mining and on the growing role of carbon-free nuclear power to meet the increasing global demand for low-cost and net-zero energy supply. In addition, Adnani was featured in COP28 leadership interviews, in which he discussed UEC’s role as the fastest-growing uranium company in the world. During the interview, he provided an overview of the company’s history and noted that UEC is committed to adopting best practices to enhance sustainability. At COP28, the company joined some 120 other organizations in endorsing the Net Zero Nuclear Industry Pledge, which was unveiled at COP28; the companies supporting the pledge commit to work toward at least a tripling of global nuclear capacity by 2050.
“We have seen a step-change across the globe with an increasing number of countries adopting plans and programs to restart, extend the life of and build new nuclear plants in the quest for clean, safe, highly reliable and cost-effective electricity that nuclear power provides,” said Uranium Energy president and CEO Amir Adnani in the press release. “This drive for global clean energy, along with uranium supply and demand fundamentals, has tightened the uranium market, transforming it from an inventory burdened to a production driven market. The need for energy security, geopolitical instabilities, increasing trade barriers and clean energy are shifting the world’s energy outlook. Our commitment to net-zero, as well as our safe and stable mining jurisdictions, positions UEC as a low-risk and low-cost supplier to meet the growing demand for nuclear power’s uranium requirements.”
To view the full interview, visit https://ibn.fm/4PkTw
To view the full press release, visit https://ibn.fm/talEX
About Uranium Energy Corp.
Uranium Energy Corp is the fastest-growing supplier of the fuel for green-energy transition to a low-carbon future. UEC is the largest, diversified North American-focused uranium company, advancing the next generation of low-cost, environmentally friendly, in-situ recovery (“ISR”) uranium projects in the United States and high-grade conventional projects in Canada. The company has two production-ready, ISR hub-and-spoke platforms in south Texas and Wyoming. These two production platforms are anchored by fully operational central processing plants and served by seven U.S. ISR uranium projects with all their major permits in place. Additionally, UEC has diversified uranium holdings including: (1) one of the largest physical uranium portfolios of North American-warehoused U3O8; (2) a major equity stake in Uranium Royalty Corp., the only royalty company in the sector; and (3) a Western Hemisphere pipeline of resource-stage uranium projects. The company’s operations are managed by professionals with decades of hands-on experience in the key facets of uranium exploration, development and mining. For more information about the company, visit www.UraniumEnergy.com.
NOTE TO INVESTORS: The latest news and updates relating to UEC are available in the company’s newsroom at https://ibn.fm/UEC
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