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Mar 3, 2020

U.S. Policy Coming Right for Uranium

Policy Makers Forced to Recognize Importance of Diversified Energy Sources

The decision by U.S. president Donald Trump to create a $150 million uranium reserve will provide a much-needed boost to the industry which is in a nine-year bear market, Amir Adnani, president and CEO of UEC told Kitco News at the PDAC conference in Toronto.

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Drilling Disposal Well

Drilling Disposal Well

Shown here is the very large drill rig, on location in the Production Area One (PAA-1) wellfield that the Company used to drill the disposal well. This well has now been drilled to the target depth of 6,300 feet, and cased, and will be brought into service when operations are commenced in the fourth quarter of this year.