Uranium Energy’s Roughrider Project: $581 Million Capital Expenditure and Strong Economic Outlook

Post Views: 418 Uranium Initial Capital Expenditure and Project Overview Uranium Energy (UEC) has committed $581.1 million to develop its Roughrider uranium project in Northern Saskatchewan, Canada. The investment includes $285.4 million for direct costs, $99.9 million for indirect costs, and $99.9 million for contingencies. The project targets a mine life of 9 years and aims to produce 61.2 million pounds of U3O8 (yellowcake). The annual output will be 6.8 million pounds. This project is a critical part of Uranium Energy’s plan to secure a long-term supply of uranium for global demand.  ...