Uranium Energy Corp (UEC), the largest, diversified North American focused uranium mining company, has released its first Sustainability Report, showcasing the company’s environmental, social, and governance (ESG) achievements for 2022 and plans for 2023.
UEC is advancing the next generation of low-cost, environmentally friendly In-Situ Recovery (ISR) mining uranium projects. During a remarkable growth year, UEC invested over half a billion dollars in three acquisitions in 2022, including Uranium One Americas, UEX Corporation, and Rio Tinto’s Roughrider Project.
Furthermore, CEO and President Amir Adnani said the company is committed to sustainability, accountability, and good stewardship, and UEC is powering the clean energy future by providing low-cost, environmentally-friendly uranium.
Accordingly, Adnani commented that the company had made good progress on measuring scope 1 and 2 emissions in Texas and achieving carbon neutral status at its Hobson Central Processing Plant.
At Wyoming, the company is now in the final regulatory stages of returning 68 acres of in situ-recovery wellfield property to its landowner. “Reclamation is an important part of the uranium project lifecycle, ensuring the restoration of affected nature and biodiversity at our project sites,” said Adnani.
The report is available on the UEC website and has been filed with the SEC via Form 8-K.
Source: Press Release
Image Source: UEX