FAQ: Uranium Energy Corp. and Radiant Industries Partnership on U.S. Nuclear Microreactor Fuel Supply

What is the partnership between Uranium Energy Corp. and Radiant Industries about?

The partnership involves a memorandum of understanding where UEC will supply U.S.-origin uranium concentrates to Radiant for its Kaleidos Portable Nuclear Microreactor, supporting domestic nuclear energy advancements.

Why is this partnership significant?

It reinforces UEC’s strategic role in supplying uranium for emerging nuclear technologies in the U.S., including small modular reactors and the U.S. Strategic Uranium Reserve, and emphasizes building a secure domestic nuclear fuel supply chain.

How does this partnership work?

UEC will supply uranium concentrates to Radiant under mutually agreed terms, supporting Radiant’s microreactor development and UEC’s position in the nuclear fuel supply chain.

Who is involved in this partnership?

Uranium Energy Corp. (NYSE American: UEC) and Radiant Industries are the key parties involved in this collaboration.

What are the implications of this partnership?

The partnership aims to advance domestic nuclear energy, support the development of portable nuclear microreactors, and strengthen the U.S. nuclear fuel supply chain from mining to deployment.

Where can I find more information about Uranium Energy Corp.?

More information about UEC can be found on their website at www.UraniumEnergy.com and in their newsroom at https://ibn.fm/UEC.

What is the Kaleidos Portable Nuclear Microreactor?

The Kaleidos Portable Nuclear Microreactor is Radiant Industries’ project, which this partnership supports by supplying U.S.-origin uranium concentrates for its fuel needs.

How does Uranium Energy Corp. contribute to the green energy transition?

UEC is the fastest growing supplier of fuel for the green energy transition, focusing on low-cost, environmentally friendly uranium mining projects in the U.S. and Canada, and holds a significant physical uranium portfolio.