Uranium Energy Corp (UEC) has completed an initial economic assessment for its Roughrider Project in Saskatchewan, Canada. The assessment reveals a post-tax NPV of $946 million, an IRR of 40%, and a 1.4-year payback period, based on a long-term uranium price of $85/lb U3O8.The project is expected to produce an average of 6.8 million lbs U3O8 annually over a 9-year mine life, totaling 61.2 million lbs. The initial capital expenditure is estimated at $545 million, with an all-in sustaining cost of $20.48/lb U3O8. The Roughrider Project benefits from its location in the infrastructure-rich Eastern Athabasca Basin.UEC plans to advance the project through technical and environmental studies, community engagement, and further exploration. An updated mineral resource estimate is expected in Q1 2025, followed by a pre-feasibility study later that year. The company views Roughrider as a top-tier, high-margin operation with significant potential for value creation.

Uranium Energy Corp (UEC) has completed an initial economic assessment for its Roughrider Project in Saskatchewan, Canada. The assessment reveals a post-tax NPV of $946 million, an IRR of 40%, and a 1.4-year payback period, based on a long-term uranium price of $85/lb U3O8.The project is expected to produce an average of 6.8 million lbs U3O8 annually over a 9-year mine life, totaling 61.2 million lbs. The initial capital expenditure is estimated at $545 million, with an all-in sustaining cost of $20.48/lb U3O8. The Roughrider Project benefits from its location in the infrastructure-rich Eastern Athabasca Basin.UEC plans to advance the project through technical and environmental studies, community engagement, and further exploration. An updated mineral resource estimate is expected in Q1 2025, followed by a pre-feasibility study later that year. The company views Roughrider as a top-tier, high-margin operation with significant potential for value creation.