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February 2020

Former U.S. Energy Secretary Warns of Energy Crisis

Policy Makers Forced to Recognize Importance of Diversified Energy Sources

An interview of Spencer Abraham, Former U.S. Secretary of Energy, UEC Chairman, with Rick Rule, President & CEO of Sprott U.S. Holdings, on the importance of a diversified national energy policy, geopolitical risks, U.S. overdependence on imports with topics including carbon emissions, oil & gas, coal, nuclear energy, and uranium.

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Hobson Processing Plant

Hobson Processing Plant

Here is a recent evening photo of the Company’s Hobson centralized processing plant in Karnes County, Texas, approximately 100 miles northwest of Corpus Christi. The plant is ready today to process the uranium-laded resins from Palangana as these are produced starting in the fourth quarter of this year. Installed processing capacity is 2.5 million lbs. of U3O8 per year. This same facility will process resins from Goliad, and potentially Nichols and Salvo, as these projects begin operations.