Scott Melbye, Executive Vice President of  Uranium Energy Corp (NYSE American: UEC) and President of the Uranium Producers of America, joins me for a longer-format discussion on the fundamentals driving the expansion of nuclear power and more demand for uranium, as well as the Company fundamentals for Uranium Energy Corp as they are growing their US production profile and continuing to explore and develop their Canadian portfolio of projects.

We start off in a multi-faceted conversation on the perfect storm of tailwinds gathering behind nuclear power with 20 countries, including the US, committing to tripling their nuclear power energy output by 2050, and more need for carbon-free baseload electricity to satisfy green energy transition policies and growing demand from AI datacenters.  We then contrast that demand growth with geopolitical tensions taking French uranium supply offline in Niger, the US sanctions on Russian enriched uranium fuel, and retaliatory bans from Russia on exporting uranium fuel to the US, and Kazakhstan state producer Kazatomprom missing guidance, and maintaining more output to Chinese partners than to its JV with Cameco, moving more fuel to the East versus the West.

This all highlights the importance of US domestic uranium producers, along with legitimate Canadian development projects, and the premiums those North American companies and projects are likely to keep garnering from investors. The conversation then transitions to Uranium Energy Corp as the largest and fastest growing uranium producer in the US, and Scott outlines their anticipated production growth from 1 million to 5-7 million pounds over the next 5 years domestically, and the potential to then ramp that up to about 12 million pounds of production once their Canadian Roughrider project is developed and put into production.  Then there are even further development projects of merit within their Canadian pipeline of projects acquired from UEX 2 years back.

Scott briefly breaks down the potential at a number of their US and Canadian projects, speaks to the pedigree and experience of their management team, the financial health of the Company, key strategic shareholders, their ETF inclusion, and analyst coverage.

If you have any questions for Scott regarding Uranium Energy Corp, then please email those in to me at [email protected], and we’ll get them addressed by management or covered in future interviews.

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