Uranium Energy : Corporate 2025 Presentation
UEC
AMERICA'S LARGEST &
FASTEST GROWING
URANIUM COMPANY
Corporate Presentation - March 2025
URANIUM ENERGY CORP | NYSE AMERICAN: UEC | URANIUMENERGY.COM
U.S. Production Restarted
100% Unhedged Price Exposure on Growing Production Pipeline
America's Largest,
Over $1 Billion in Accretive Acquisitions
Fastest Growing
Focused on growing production at our Wyoming Hub & Spoke operations, with mine
Uranium Company
development and plant refurbishment underway at our Texas Hub & Spoke operations
Largest Licensed
Production Capacity
12.1 M lbs. U3O8 U.S. Licensed Capacity/Year(1)
in the U.S.
Leading North
230.1 M lbs. M&I | 100.0 M lbs. Inferred U O
Resources(2)
American Resource
3
8
175 M lbs. Historical(3)
Base
Strong Balance Sheet,
Over $350 Million of Cash & Liquid Assets(4)
No Debt
Large Physical
Cumulative to Oct 31, 2024:
Uranium Inventory
1,256,000 lbs. of Inventory on hand
700,000 lbs. to be purchased by UEC through Dec 2025 at avg cost of ~$38.81/ lb.
URANIUM ENERGY CORP | NYSE AMERICAN: UEC | URANIUMENERGY.COM
IRIGARAY PLANT - WYOMING HUB & SPOKE OPERATIONS
HOBSON PLANT - TEXAS HUB & SPOKE OPERATIONS
SWEETWATER PLANT - WYOMING HUB & SPOKE OPERATIONS
3
ATHABASCA BASIN , HIGH-GRADE CONVENTIONAL PORTFOLIO
Demand for Uranium Significantly Exceeds Primary Production
Growing demand coupled with underinvestment in uranium has led to a structural supply
deficit that is projected to continue and widen through 2040
Anticipated Cumulative Production Gap(1)
By 2026 is ~ 43.5 M lbs. By 2035 is ~ 379 M lbs.
By 2040 is > 1 Billion lbs. (Mid Case)
The U.S. is the largest consumer of uranium at 47 Mlbs/yr with increasing
Million Pounds U3O8
450
Demand- Call to triple global
Global Production and Demand(2)
nuclear capacity by 2050 by
400
30+ countries
350
300
Demand- High
Case
250
Demand- Base
200
Case
150
demand from utilities and U.S.
government for domestic supply(3)
100
50
Projected Production
0
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
2039
2040
URANIUM ENERGY CORP | NYSE AMERICAN: UEC | URANIUMENERGY.COM
Source: (1) U.S. Energy Information Administration- Uranium Marketing Annual Report- June 6, 2024 (2) UxC Market Outlook Q3 2024 (3) World Nuclear Association
Global Pledge To Triple Nuclear Energy by 2050
Growing Global Commitment
31+
Countries
120+
Industry Leading
Companies
14+
of the World's
Largest Banks
Strong Nuclear Power Outlook
439
Operable Reactors Worldwide
67
New Reactors Connected since 2015
65
Units Under Construction
430
Planned and Proposed Worldwide
Multiple
URANIUM ENERGY CORP | NYSE AMERICAN: UEC | URANIUMENERGY.COM
5 Source: (1) World Nuclear Association
Domestic Uranium Takes Center Stage with Unprecedented Government Policy and Big Tech Demand for Nuclear Power
Bipartisan support to re-domesticate the
uranium supply chain
U.S. Government bans Russian
uranium, cuts red tape and incentivizes
new nuclear technology
UEC awarded contract to supply
DOE's Strategic Uranium Reserve
America's Largest
Uranium Company
Awarded largest U.S. GSA agreement to supply power to 13+ government agencies
Electricity demand from U.S. data
centers is expected to double by 2028(1)
Invests $500M+ in
Permitted for 3 SMRs
SMRs
for data centers
Invests $1.6B to revive Three
Mile Island
Targets 1 - 4 GW of nuclear
generation capacity
UEC MOU to supply
Partnership with Kairos on
uranium
SMRs
URANIUM ENERGY CORP | NYSE AMERICAN: UEC | URANIUMENERGY.COM
6
Source: (1) S&P Market Intelligence "Powering AI - Opportunities, tensions in datacenter and energy markets" Sept 30, 2024
Bottom of Cycle Acquisitions Creates Largest U.S. Uranium Company Positioned for Production Growth
$120.00
$100.00
$80.00
$60.00
$40.00
$20.00
$0.00
UEC Acquisition Timeline and Uranium Spot Price(1) ($/lb)
UEC Acquisitions since 2017 at uranium prices ranging from $20 to $45 per pound
Start of Physical
Uranium Program
at $27/lb
North Reno
Creek
Roughrider
Reno
Uranium
UEX
Diabase
Creek
One
Recent U3O8
Price Range:
$63-80/lb
Sweetwater
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
URANIUM ENERGY CORP | NYSE AMERICAN: UEC | URANIUMENERGY.COM
7 1) Uranium price at time of acquisition based on weekly U3O8 prices per UxC.
Acquisition of Wyoming Uranium Assets from Rio Tinto
✓
✓
Creates UEC's Third U.S.
Markedly
Hub-and-Spoke
Accretive
Production Platform
Resource Growth
✓
Extensive Land Package,
Geological Data and
Exploration Optionality
✓
Highly Invested Asset
Base with Operating
Synergies
✓
Significant Scarcity
Value and
Production Optionality
URANIUM ENERGY CORP | NYSE AMERICAN: UEC | URANIUMENERGY.COM
8
Four Production Growth Pillars
10
Complemented by an Extensive Exploration Portfolio
Irigaray Central
Hobson Central
Sweetwater Central
Roughrider Conventional
Processing Plant
Processing Plant
Processing Plant
Asset
62.3 M lbs. M&I & 10.7 M lbs.
12.96 M lbs. M&I & 9.95 M lbs.
175 M lbs. Pounds U3O8
$946M Post Tax NPV8
Inferred U O
8
resources
Inferred U O
8
resources
Historical(2)
3
3
• 4 M lbs./yr Licensed
• 4 M lbs./yr Licensed
• 4.1 M lbs./yr Licensed
• 40% IRR & Payback of 1.4
Production Capacity
Production Capacity
Production Capacity
years
• 4 Fully Permitted Satellite
• 3 Fully Permitted Satellite
•
2 Satellite Projects
• AISC $20.48/lb U3O8
Projects
Projects
•
108k Acres of Prospective Land
• LOM annual production 6.8M
lbs(1)
Operations Restarted in
Satellite Construction
Acquisition Creates Largest
$395M EBITDA at $85/lb U3O8
August 2024
Commenced
Production Profile in the U.S.
$730M EBITDA at $150/lb U3O8
URANIUM ENERGY CORP | NYSE AMERICAN: UEC | URANIUMENERGY.COM
10
(1) UEC press release dated Nov 8, 2024; mine plan includes mill (2) Based upon internal studies and other historic data prepared by prior owners in regards to the projects and dated between 1984 and 2019. Such estimates are being treated by the Company as historical in nature and a qualified
person has not done sufficient work to classify the historical estimates as current mineral resources. Historic estimates disclosed for illustrative purposes only and to provide readers with relevant information regarding the projects. Such estimates were not prepared under S-K 1300 standards.
Disclaimer
Uranium Energy Corp. published this content on March 07, 2025, and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on March 07, 2025 at 00:33:08.222.