Uranium Energy Corp (UEC) announced on August 5, 2025, that its Sweetwater Uranium Complex has been designated as a transparency project by the U.S. Federal Permitting Improvement Steering Council. This designation falls under President Trump's March 20, 2025, Executive Order on Immediate Measures to Increase American Mineral Production, which aims to fast-track permitting for critical mineral projects.
The primary objective of this permitting initiative is to enable In-Situ Recovery (ISR) mining methods within Sweetwater's existing mine permit boundary and to expand the boundary to include adjacent ISR-amenable deposits on federally managed lands. The Bureau of Land Management (BLM) is the lead agency for this federal permitting process.
Upon completion of this initiative, Sweetwater, which was acquired from Rio Tinto in 2024, is expected to become the largest dual-feed uranium facility in the United States. It will be licensed to process both conventional ore and ISR resin, with an existing licensed capacity of 4.1 million pounds of U3O8 per year, providing UEC with significant flexibility to scale production.
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