Uranium Energy Corp. Appoints National Security Leaders to Advisory Council

By The Building Texas Show•
Uranium Energy Corp. has appointed four national security leaders to its advisory council to support its expansion into uranium conversion and the establishment of a domestic nuclear fuel supply chain.

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Uranium Energy Corp. Appoints National Security Leaders to Advisory Council

Uranium Energy Corp. (NYSE American: UEC), a leading uranium company with significant operations in South Texas and Wyoming, announced the appointment of former National Nuclear Security Administration (NNSA) Administrator Tom D’Agostino, retired Adm. James F. Caldwell, retired Adm. William K. Lescher, and former NNSA Acting Administrator Neile Miller to its National Security Advisory Council. D’Agostino and Caldwell will serve as co-chairs. The appointments support the company’s expansion into uranium conversion through its subsidiary, United States Uranium Refining & Conversion Corp., as it works to establish a domestic nuclear fuel supply chain serving U.S. defense and energy needs.

The council brings together two former Navy admirals and two former NNSA leaders with extensive experience in nuclear security, naval propulsion, and federal energy programs. Their appointments come as the NNSA seeks a long-term domestic supply of unobligated U.S.-origin uranium and conversion services, while demand for nuclear fuel expands across military and civilian applications. For Texas, this development underscores the state's growing role in the nuclear fuel cycle, particularly through UEC's South Texas operations, which contribute to the company's licensed production capacity of approximately 12 million pounds per year.

UEC controls the largest uranium resource base and the most licensed production capacity in the United States. In Canada, the company controls one of the most extensive land and resource portfolios in the Athabasca Basin, anchored by the Roughrider Project in Saskatchewan. Through its wholly owned subsidiary, United States Uranium Refining & Conversion Corp., UEC is pursuing domestic refining and conversion capabilities to further strengthen the U.S. nuclear fuel supply chain. The company maintains a 100% unhedged uranium strategy, providing full exposure to uranium market fundamentals, and is managed by professionals with decades of experience across uranium exploration, development, production, and fuel cycle infrastructure.

The formation of the National Security Advisory Council is a strategic move that could have significant implications for the domestic nuclear industry and national security. By leveraging the expertise of these leaders, UEC aims to navigate the complex regulatory and security landscape associated with uranium conversion and fuel supply. This initiative aligns with broader efforts to reduce reliance on foreign uranium sources and bolster domestic energy independence. For investors, the appointment of such high-profile figures may signal increased credibility and potential for growth in the nuclear energy sector. The full press release can be viewed at https://ibn.fm/SSzt3.

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