Uranium Energy Corp (UEC)

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Uranium Energy Corp’s Executive VP Scott Melbye Testifies before the U.S. Senate Committee on Energy & Natural Resources

Corpus Christi, TX, April 6, 2021 - Uranium Energy Corp (NYSE American: UEC, the “Company” or “UEC”) is pleased to report that Scott Melbye, our Executive Vice President and current President of the Uranium Producers of America, presented testimony to the Senate Committee on Energy and Natural Resources before the Full Committee Hearing on Opportunities and Challenges Facing Domestic Critical Mineral Mining, Processing, Refining, and Reprocessing, on March 31, 2022.

In his testimony, Mr. Melbye stated: ”It is an honor to testify once again before the Senate Energy and Natural Resources Committee today on an urgent subject with grave implications for our national and energy security – the U.S.’s current reliance on our strategic competitors for critical minerals like uranium…. The continued reliable operation of the U.S. nuclear fleet requires a secure supply of uranium and nuclear fuel. Unfortunately, Russia and its allies have in recent years employed predatory market practices to cultivate America’s dangerous reliance on the Kremlin and its allies for uranium and nuclear fuel. Almost none of the fuel needed to power America’s nuclear fleet today comes from domestic producers, while U.S. nuclear utilities purchase nearly half of the of the uranium they consume from state-owned entities (SEO) in Russia, Kazakhstan, and Uzbekistan.”


Read read or watch the complete testimony at:
https://www.uraniumenergy.com/news/releases/index.php?content_id=891