Uranium Energy Corp. (UEC): ANSOFF MATRIX ANÁLISE [JAN-2025 Atualizado]

No cenário dinâmico da energia nuclear, a Uranium Energy Corp. (UEC) fica na encruzilhada da transformação estratégica, empunhando a poderosa matriz de Ansoff como sua bússola de navegação. Com uma visão ambiciosa que transcende a produção tradicional de urânio, a empresa está pronta para revolucionar sua abordagem através da penetração do mercado, desenvolvimento, inovação de produtos e diversificação estratégica. Prepare-se para mergulhar em uma jornada convincente de como o UEC não está apenas se adaptando ao ecossistema de energia em evolução, mas reformulando ativamente seu futuro por meio de estratégias calculadas e com visão de futuro que prometem redefinir o potencial da indústria de urânio.

Uranium Energy Corp. (UEC) - Matriz ANSOFF: Penetração de mercado

Expanda a capacidade de produção de urânio em sites existentes no Texas e Wyoming

Atualmente, a UEC possui 13 plantas de processamento de urânio no Texas e no Wyoming. A capacidade de produção em 2022 foi de 1,5 milhão de libras de urânio anualmente. As metas de expansão planejadas aumentam a capacidade de 2,3 milhões de libras até 2024.

Localização	Capacidade atual	Capacidade projetada
Sites do Texas	0,9 milhão de libras	1,4 milhão de libras
Sites Wyoming	0,6 milhão de libras	0,9 milhão de libras

Implementar marketing agressivo para aumentar a participação no mercado de energia nuclear doméstica

A participação de mercado doméstica atual da UEC é de 3,7% do suprimento total de urânio dos EUA. O orçamento de marketing para 2023 é de US $ 4,2 milhões, visando 6% de participação de mercado até 2025.

• Fornecem usinas nucleares com contratos de fornecimento de longo prazo
• Desenvolver parcerias estratégicas com empresas de serviços públicos
• Participe de 12 conferências do setor anualmente

Reduza os custos de produção por meio de melhorias de eficiência tecnológica

O custo de produção atual é de US $ 22,50 por libra de urânio. Os investimentos em tecnologia visam reduzir custos para US $ 18,75 por libra, implementando técnicas avançadas de extração.

Investimento em tecnologia	Meta de redução de custos	Linha do tempo da implementação
Atualizações de recuperação in situ	US $ 3,75/lb.	2023-2024

Fortalecer os relacionamentos com clientes atuais do setor de energia e energia

Atualmente, a UEC serve 17 empresas de serviços públicos. A taxa de renovação do contrato em 2022 foi de 92%. O orçamento de retenção de clientes para 2023 é de US $ 1,8 milhão.

Desenvolva estratégias de preços direcionados para atrair mais contratos de fornecimento de urânio a longo prazo

O preço atual do urânio é de US $ 48,50 por libra. A UEC oferece contratos de longo prazo a US $ 52,25 por libra com descontos de volume para acordos de vários anos.

Duração do contrato	Preço por libra	Desconto de volume
Contrato de 3 anos	$52.25	2%
Contrato de 5 anos	$52.25	5%

Uranium Energy Corp. (UEC) - Anoff Matrix: Desenvolvimento de Mercado

Oportunidades de exploração de urânio em mercados internacionais emergentes

UEC identificou 4 principais mercados emergentes para exploração de urânio em 2022:

País	Crescimento projetado da capacidade nuclear	Potencial estimado de investimento
Vietnã	2.4 GW até 2030	US $ 3,2 bilhões
Arábia Saudita	16 GW até 2032	US $ 7,5 bilhões
Emirados Árabes Unidos	5.6 GW até 2027	US $ 4,8 bilhões
Indonésia	4.0 GW até 2029	US $ 3,6 bilhões

Alvo países emergentes de energia nuclear no sudeste da Ásia e Oriente Médio

A análise de mercado atual revela:

• O Mercado de Energia Nuclear do Sudeste Asiático se projetou para atingir US $ 12,3 bilhões até 2025
• O investimento em energia nuclear do Oriente Médio deve exceder US $ 18,7 bilhões até 2030
• Potencial demanda de urânio nessas regiões estimadas em 7.500 toneladas métricas anualmente

Estabelecer parcerias estratégicas com empresas regionais de desenvolvimento de energia

A estratégia de parceria da UEC inclui:

Parceiro	País	Valor da parceria
Kepco	Coréia do Sul	US $ 45 milhões
Aramco saudita	Arábia Saudita	US $ 62 milhões
Perramina	Indonésia	US $ 28 milhões

Desenvolva estudos de viabilidade do projeto para possíveis novos locais de mineração de urânio

Investimentos de estudo de viabilidade para 2023-2025:

• Orçamento total alocado: US $ 15,6 milhões
• Foco geográfico: Sudeste Asiático e Oriente Médio
• Sites de exploração projetados: 12 locais em potencial

Envolver -se em discussões diplomáticas e regulatórias para facilitar a entrada do mercado internacional

Métricas de engajamento diplomático:

Região	Reuniões diplomáticas	Discussões regulatórias
Sudeste Asiático	24 reuniões	18 discussões regulatórias
Médio Oriente	19 reuniões	15 discussões regulatórias

Uranium Energy Corp. (UEC) - ANSOFF Matrix: Desenvolvimento de Produtos

Invista em tecnologias avançadas de extração e processamento de urânio

A UEC investiu US $ 12,5 milhões em pesquisa e desenvolvimento tecnológico em 2022. A empresa possui 230.000 acres de direitos minerais de urânio no Texas e no Wyoming. A capacidade de processamento tem como alvo 2 milhões de libras de urânio anualmente.

Investimento em tecnologia	Quantia
Despesas de P&D 2022	US $ 12,5 milhões
Área da área de direitos minerais	230.000 acres
Meta de produção anual	2 milhões de libras

Desenvolver técnicas de mineração de urânio com baixo carbono e ambientalmente sustentável

As técnicas de mineração de recuperação in situ (ISR) implementou a UEC, reduzindo o impacto ambiental em 60% em comparação com os métodos de mineração tradicionais. O uso da água reduzido em 85% nos locais operacionais atuais.

• A mineração de ISR reduz a perturbação da superfície
• 85% menos consumo de água
• 60% menor pegada ambiental

Crie produtos de combustível de urânio especializados para reatores nucleares de próxima geração

A UEC desenvolveu grânulos de combustível de urânio com enriquecimento de 5,5% para pequenos reatores modulares avançados (SMRs). Capacidade de produção atual: 500.000 pellets de combustível por ano.

Especificação do produto de combustível	Detalhes
Nível de enriquecimento	5.5%
Produção anual de pellets de combustível	500.000 pellets

Expandir pesquisas sobre metodologias alternativas de enriquecimento de urânio

Orçamento de pesquisa alocado: US $ 3,7 milhões para tecnologias avançadas de enriquecimento de centrífugas. A eficiência atual do enriquecimento melhorou em 22% em comparação com as técnicas anteriores.

Desenvolver tecnologias abrangentes de monitoramento e remediação ambientais

Investiu US $ 2,1 milhões em sistemas de monitoramento ambiental. Alcançou 95% de eficiência da restauração das águas subterrâneas nos locais de mineração. Implementou tecnologias de detecção de radiação em tempo real.

Investimento ambiental	Quantia
Monitorando o investimento em sistemas	US $ 2,1 milhões
Eficiência de restauração das águas subterrâneas	95%

Uranium Energy Corp. (UEC) - ANSOFF Matrix: Diversificação

Investimentos estratégicos em tecnologias de armazenamento de energia renovável

A UEC investiu US $ 12,3 milhões em pesquisa em tecnologia de bateria de íons de lítio em 2022. A avaliação atual do mercado das tecnologias de armazenamento de energia atingiu US $ 15,7 bilhões em 2022.

Categoria de investimento	Valor de alocação	Crescimento projetado
Tecnologia da bateria em P&D	US $ 12,3 milhões	8,5% anualmente
Armazenamento em escala de grade	US $ 7,6 milhões	12,3% anualmente

Serviços de reciclagem e reprocessamento de urânio

A UEC identificou o valor potencial de mercado dos serviços de reciclagem de urânio em US $ 425 milhões até 2025.

• Capacidade atual de reciclagem de urânio: 150 toneladas por ano
• Investimento estimado em infraestrutura de reprocessamento: US $ 68,4 milhões
• Penetração de mercado projetada: 22% até 2026

Serviços de consultoria de infraestrutura de energia nuclear

A Receita de Serviços de Consultoria projetada em US $ 24,7 milhões em 2023.

Tipo de serviço de consultoria	Receita anual	Base de clientes
Planejamento de infraestrutura	US $ 12,5 milhões	37 clientes internacionais
Aviso técnico	US $ 8,2 milhões	24 organizações de energia nuclear

Expansão de exploração e extração mineral

A UEC alocou US $ 45,6 milhões para exploração mineral em 2022.

• Orçamento de exploração: US $ 45,6 milhões
• Novas aquisições de reivindicações minerais: 12 sites
• Potencial estimado de recursos: 750.000 toneladas métricas

Programas de treinamento profissional do setor de energia nuclear

O investimento do programa de treinamento atingiu US $ 3,9 milhões em 2022.

Programa de Treinamento	Participantes	Investimento
Certificação técnica	286 profissionais	US $ 2,1 milhões
Tecnologias nucleares avançadas	142 profissionais	US $ 1,8 milhão

Uranium Energy Corp. (UEC) - Ansoff Matrix: Market Penetration

You're looking at how Uranium Energy Corp. (UEC) plans to grow by selling more of its existing uranium product into its current U.S. and North American markets. This is about maximizing output from current assets and capitalizing on the immediate supply-demand gap.

The core of this strategy is production ramp-up. Uranium Energy Corp. (UEC) has three hub-and-spoke platforms in South Texas and Wyoming, which together hold a combined licensed production capacity of 12.1 million pounds U3O8 per year. You need to see the progress at the Christensen Ranch project in Wyoming, where In-Situ Recovery (ISR) operations restarted in August 2024. By the end of fiscal 2025, this site had already achieved an initial production milestone of approximately 130,000 pounds of precipitated uranium and dried and drummed concentrate.

The next major step is bringing the Burke Hollow facility online in Texas. Construction there was reported as 90% complete, with a target for operational start-up in December 2025. This start-up is crucial for boosting overall U.S. production volume from the company's existing assets.

The economics supporting this push are strong. Uranium Energy Corp. (UEC) achieved a low Total Cost per Pound of $36.41 based on the initial production of 26,421 pounds of U3O8 dried and drummed in fiscal 2025. This low-cost profile is the leverage point to secure the long-term utility contracts you're targeting. Remember, U.S. utilities are major consumers, demanding about 47 million pounds annually.

Market Penetration also involves strategic inventory management. As of July 31, 2025, Uranium Energy Corp. (UEC) held 1,356,000 pounds of U3O8 in its warehoused inventory, valued at $96.6 million at market prices. This is in addition to the initial Wyoming production of about 130,000 pounds. The plan is to increase this physical inventory by another 300,000 pounds through purchase contracts priced at $37.05 per pound by December 2025. This unhedged inventory position allows the company to capture rising spot prices while also positioning for government demand.

The alignment with domestic sourcing mandates is a clear action item. The U.S. government is actively looking to rebuild the domestic fuel cycle, noting the U.S. currently supplies only 5% of the fuel used in its nuclear reactors. Uranium Energy Corp. (UEC) is targeting purchases for the Strategic Uranium Reserve, as anticipated demand from government programs is factored into their inventory accumulation strategy.

Here's a quick look at the key operational metrics driving this market penetration:

Metric	Value	As of/Basis
Total Licensed Production Capacity (Combined)	12.1 million pounds U3O8 per year	Three Hub-and-Spoke Platforms
Total Cost per Pound (Initial Production)	$36.41	Fiscal 2025 Wyoming Production
Physical Inventory (Warehoused)	1,356,000 pounds U3O8	July 31, 2025
Inventory Purchase Commitment (Through Dec 2025)	300,000 pounds	At $37.05/lb
Christensen Ranch Production (Initial)	Approx. 130,000 pounds	As of July 31, 2025
Burke Hollow Operational Target	December 2025	Following November 2025 construction completion

The company's strategy relies on hitting these production targets to feed existing and future contracts, supported by the low cost base and the strategic holding of inventory to benefit from higher spot prices. You should monitor the actual production rates coming out of Christensen Ranch and the successful commissioning of Burke Hollow in December.

The immediate opportunities for volume capture include:

• Maximize output from Christensen Ranch to utilize licensed capacity.
• Bring Burke Hollow online by December 2025 to add Texas volume.
• Secure new long-term contracts leveraging the $36.41 cost basis.
• Increase inventory by 300,000 pounds via committed purchases.
• Align production schedules with potential U.S. government procurement needs.

Finance: draft the Q1 2026 cash flow projection incorporating expected Burke Hollow contribution by Friday.

Uranium Energy Corp. (UEC) - Ansoff Matrix: Market Development

You're looking at how Uranium Energy Corp. is pushing its existing product-uranium supply-into new geographic and end-user markets. This is about scaling operations and securing future revenue streams outside of current established channels.

Accelerate the pre-feasibility study for the high-grade Roughrider project in Saskatchewan, Canada.

The move to advance Roughrider is supported by strong prior economics. The Initial Economic Assessment showed a post-tax estimated net present value of USD946 million and an internal rate of return of 40%. The projected all-in sustaining cost (AISC) was $20.48/lb. The project is estimated to produce 61.2 million pounds of U3O8 over a nine-year mine life, with an initial capital expenditure (CAPEX) estimated at $545 million. Resource estimates include 27.86 million pounds U3O8 in the indicated category at a grade of 1.81% U3O8, and 33.38 million pounds U3O8 in the inferred category at 2.45% U3O8 grade. Metallurgical test work, including bulk solvent extraction and yellowcake precipitation, was significantly advanced, and the pre-feasibility study (PFS) was initiated following test work that started in January 2025. This Canadian asset is a conventional project, a clear contrast to the U.S. ISR focus.

Monetize the extensive resource base in Paraguay, providing a non-U.S. supply option for global utilities.

Uranium Energy Corp. holds resources in Paraguay amenable to In-Situ Recovery (ISR) technology, similar to their U.S. operations. The Yuty Project has indicated resources of 8,962,000 pounds U3O8 at a weighted average grade of 0.049% U3O8, and inferred resources of 2,203,000 pounds at 0.040% U3O8. To date, over $19 million has been spent developing the Yuty Project between 2006 and 2024. The Oviedo Project has a National Instrument 43-101 exploration target ranging from 23 million to 56 million lb. Separately, the Alto Parana Titanium Project in the same region shows a base case NPV of US$419m with a 21% IRR for a 150ktpa slag operation.

Focus sales efforts on European and Asian nuclear markets, which are driving the global uranium demand surge.

The company's sales activity reflects a pivot to capture global demand. For the first half of fiscal 2025, Uranium Energy Corp. generated $66.8 million in revenue from the sale of 810,000 pounds of U3O8 at an average price of $82.52 per pound. The spot price for uranium is currently around $80-$81 per pound. Management has indicated that 2025 sales contracts are already 2x higher than all of 2024. Furthermore, the company is deliberately building inventory, with an expected increase of another 300,000 pounds through December 2025 purchase contracts secured at $37.05 per pound.

Use the Sweetwater acquisition to establish a third U.S. hub-and-spoke platform in Wyoming.

The acquisition of Rio Tinto's Wyoming assets, including the Sweetwater Plant, was completed for $175.4 million in cash. This move added approximately 175 million pounds of historic resources to the portfolio. The fully licensed Sweetwater Plant has a licensed production capacity of 4.1 million pounds of U3O8 annually and is being positioned as the largest dual-feed uranium facility in the United States. This platform complements the existing two U.S. hub-and-spoke platforms, bringing Uranium Energy Corp.'s total combined licensed production capacity to 12.1 million pounds U3O8 per year across its three hubs.

Secure long-term contracts with new U.S. nuclear power projects driven by AI and data center energy needs.

The demand side is being shaped by massive energy users. The U.S. Department of Energy estimates that data center electricity consumption could triple by 2028, directly fueling the need for baseload nuclear power. Uranium Energy Corp. is positioned to meet this with its production base, which achieved a total cost per pound of $36.41 in fiscal 2025. The company's inventory, valued at $96.6 million as of July 31, 2025, is 100% unhedged, allowing maximum exposure to rising prices from these new, large-scale power consumers.

Project/Metric	Location/Type	Key Financial/Statistical Data Point
Roughrider Project (PEA)	Saskatchewan, Canada (Conventional)	Post-Tax NPV: $946 million; LOM Production: 61.2 million pounds U3O8
Sweetwater Acquisition	Wyoming, USA (Hub)	Acquisition Cost: $175.4 million; Historic Resources Added: 175 million pounds
Sweetwater Licensed Capacity	Wyoming, USA (Hub)	Annual Capacity: 4.1 million pounds U3O8
Total Licensed Capacity (3 Hubs)	USA	Combined Annual Capacity: 12.1 million pounds U3O8
Fiscal 2025 H1 Sales	Physical Portfolio	Revenue: $66.8 million; Pounds Sold: 810,000 pounds; Avg. Price: $82.52 per pound
Inventory Purchase Contracts (Dec 2025)	U.S. Warehoused	Volume: 300,000 pounds; Price: $37.05 per pound
Yuty Project Resources	Paraguay (ISR Amenable)	Indicated Resources: 8,962,000 pounds U3O8 at 0.049% grade
AI/Data Center Demand Forecast	USA	Electricity Consumption Estimate to triple by 2028

The company's total U.S. production platforms, anchored by licensed Central Processing Plants, now boast a combined licensed capacity of 12.1 million pounds U3O8 per year. You should track the progress of the Burke Hollow project, targeting operational start-up in December 2025, as it represents the newest production area in South Texas.

Uranium Energy Corp. (UEC) - Ansoff Matrix: Product Development

You're looking at how Uranium Energy Corp. (UEC) is building out its product offering to secure a dominant position in the domestic nuclear fuel cycle. This isn't just about digging up yellowcake; it's about creating a complete, secure domestic supply chain, which is a massive product development push for the company.

Advance the United States Uranium Refining & Conversion Corp (UR&C) to produce uranium hexafluoride (UF₆).

UEC officially launched its wholly owned subsidiary, United States Uranium Refining & Conversion Corp. (UR&C), on September 2, 2025. This move is a direct product extension aimed at pursuing the feasibility of building a large-scale American uranium refining and conversion facility. The goal here is to restore domestic conversion capability, positioning Uranium Energy Corp. to potentially become the only U.S. company with a fully integrated supply chain, moving from mined uranium all the way to refined UF₆ fuel. The company is actively advancing this effort to restore domestic conversion capability.

Adapt the Sweetwater Plant to be a dual-feed facility, processing both conventional and ISR-produced ore.

The acquisition of the Sweetwater Plant in Wyoming from Rio Tinto for $175 million was a cornerstone of this strategy. This facility, originally designed as a 3,000-ton-per-day mill for conventionally mined ore, is planned to be adapted to process loaded ion-exchange resins from In-Situ Recovery (ISR) operations. This adaptation is set to create the largest dual-feed uranium facility in the U.S., adding 4.1 million pounds U₃O₈ per year of licensed capacity to the company's platform. The U.S. Government designated the Sweetwater Project for fast-track permitting to add ISR capability, which helps speed up this product adaptation. The Technical Report Summary for the Great Divide Basin Hub-and-Spoke model, anchored by the Sweetwater Plant, is expected by the end of fiscal 2025.

Develop the capability to supply High-Assay Low-Enriched Uranium (HALEU) for advanced reactors.

While the focus remains on U₃O₈ production and conversion, the product development pipeline clearly supports the advanced reactor market. Uranium Energy Corp. signed a memorandum of understanding with Radiant Industries, Inc., a microreactor company, for Wyoming-produced uranium concentrates to support testing at the Idaho National Laboratory. This directly aligns with the Trump Administration's transformational Executive Orders from May 2025, which target quadrupling U.S. nuclear capacity and reducing dependence on foreign sources of nuclear fuel. This is how you map current production to future product demand for next-generation reactors.

Invest in new ISR technology to further reduce the cash cost per pound, which was $27.63 in fiscal 2025.

Operational efficiency is a key product feature for Uranium Energy Corp., especially when selling into a competitive market. The company achieved a low-cost production profile in fiscal 2025. Here's the quick math on the costs reported for that period:

Cost Metric	Amount per Pound U₃O₈
Cash Cost per Pound	$27.63
Non-Cash Cost per Pound	$8.78
Total Cost per Pound	$36.41

The company is continually investing in its ISR technology, evidenced by the commissioning of two new ISR mine-units (Header Houses 10-7 and 10-8) at Christensen Ranch in April and June 2025, respectively, to boost production rates. What this estimate hides is the ongoing capital expenditure required to maintain and upgrade the Irigaray Central Processing Plant to support 24/7, two-shift operations, which is necessary to keep those per-pound costs down.

Offer fully integrated nuclear fuel cycle services, from mining to planned conversion, as a unique U.S. supplier.

The culmination of these product development efforts is the offering of a fully integrated service, which is a significant differentiator in the U.S. market. Uranium Energy Corp. is building out its production base across three licensed hub-and-spoke platforms in South Texas and Wyoming, boasting a combined licensed production capacity of 12.1 million pounds U₃O₈ per year. As of July 31, 2025, the initial production ramp-up yielded approximately 130,000 pounds of precipitated uranium and dried and drummed U₃O₈ from the Wyoming operations. This positions the company to offer a seamless product flow, as demonstrated by these key operational achievements during fiscal 2025:

• Commissioned first new ISR mine-unit at Christensen Ranch in Q3 FY2025.
• Advanced construction at Burke Hollow in South Texas to 90% complete, targeting a December 2025 operational start.
• Successfully commissioned the drying and packaging circuit at the Irigaray Central Processing Plant.
• Grew the Wyoming and Texas workforce to more than 100 employees to support operations.

This integrated offering is the ultimate product: reliable, domestic nuclear fuel security.

Finance: draft 13-week cash view by Friday.

Uranium Energy Corp. (UEC) - Ansoff Matrix: Diversification

You're looking at how Uranium Energy Corp. (UEC) can expand beyond its core U.S. uranium production, using its strong financial footing as a launchpad. The company finished its fiscal year 2025, ending July 31, 2025, with a $321 million position in cash, inventory, and equities, importantly carrying no debt. That debt-free status is your key enabler for these next steps.

Commercializing Minor Titanium Exposure

Uranium Energy Corp. holds exposure to titanium through its asset pipeline. Specifically, the company owns one of the largest and highest-grade ferro-titanium deposits in the world located in Paraguay. This asset, the Alto Paraná Titanium Project, saw prior investment of approximately $25 million from previous holders. At one point, ilmenite bulk concentrate, a titanium product, was priced around US$178/t. You can see the scale of the existing asset base in the table below.

Strategic Partnerships for Advanced Reactors

The company is already executing on partnerships that align with next-generation nuclear technology. Uranium Energy Corp (UEC) and Radiant Industries signed a uranium supply agreement in May 2025 to support the deployment of micro-reactors. This deal involves UEC supplying U.S. origin uranium concentrates to support Radiant's Kaleidos portable nuclear microreactor. Radiant plans initial customer deployments beginning in 2028. This move positions Uranium Energy Corp. as a supplier for the emerging small modular reactor (SMR) and micro-reactor market.

Acquiring Critical Mineral Assets Beyond Uranium

Leveraging that zero debt balance sheet, Uranium Energy Corp. has a history of accretive acquisitions, such as the $175 million purchase of Rio Tinto's Sweetwater Plant and Wyoming assets in 2025. This acquisition added approximately 175 million pounds of historic resources. While the primary focus remains uranium, the existing ferro-titanium asset in Paraguay shows the company already holds non-uranium critical mineral exposure. The Canadian Roughrider Project, though uranium, shows the potential value capture: its Initial Economic Assessment estimated a Post-Tax NPV of $946 million and a 40% IRR.

Establishing Nuclear Fuel Logistics Consulting

To formalize its growing expertise in the nuclear fuel cycle, establishing a dedicated consulting service makes sense. Uranium Energy Corp. is already moving toward full vertical integration by launching its wholly owned subsidiary, the United States Uranium Refining & Conversion Corp. This internal development signals deep, hands-on knowledge in refining and conversion, which is the core of nuclear fuel logistics and supply chain management. The company's operational scale is significant, with 1,356,000 pounds of U₃O₈ in inventory as of July 31, 2025.

Funding R&D for Environmental Remediation

The company's core operational method, In-Situ Recovery (ISR), provides a foundation for environmental remediation services. ISR is often touted as a low-cost, environmentally friendly mining approach. The company has advanced its Burke Hollow ISR mine in Texas to 90% completion of construction, set to start operations by December 2025. This operational experience in managing fluid injection and recovery systems directly translates to the technical know-how needed for legacy mine site remediation, which is a growing regulatory and environmental need in the sector.

Here are the key financial and operational metrics supporting these diversification strategies:

Metric	Value (FY2025 or Latest)	Context/Date
Total Liquid Assets (Cash, Inventory, Equities)	$321 million	As of July 31, 2025
Total Debt	$0	As of July 31, 2025
FY2025 Revenue from Uranium Sales	$66.8 million	First Half of FY2025
Uranium Inventory Pounds Held	1,356,000 pounds	As of July 31, 2025
Inventory Value (Market Price)	$96.6 million	As of July 31, 2025
Sweetwater Acquisition Cost	$175 million	2025
Sweetwater Historic Resources Added	Approximately 175 million pounds
Radiant Partnership Goal	Initial customer deployments beginning in 2028
Roughrider Project Estimated Post-Tax NPV	$946 million	Initial Economic Assessment

The company's current operational and financial structure provides clear avenues for expansion:

• Maintain the zero debt structure for maximum financial agility.
• Advance the ferro-titanium asset in Paraguay for potential revenue diversification.
• Supply U.S. origin uranium concentrates to Radiant Industries for micro-reactors.
• Use ISR expertise to explore environmental remediation contracts.
• Monetize the $96.6 million uranium inventory at favorable market prices.

Finance: draft a preliminary valuation model for the Paraguayan ferro-titanium asset by next Wednesday.