Uranium Energy Corp (NYSE American: UEC) has commenced production at its Burke Hollow project in Texas after receiving approval from the Texas Commission on Environmental Quality. The facility represents the first new U.S. in-situ recovery uranium operation to begin production in over a decade.

The company now operates two of its three planned U.S. hub-and-spoke ISR production platforms, with Burke Hollow joining the existing Christensen Ranch operation in Wyoming. Production from Burke Hollow will be processed at the Hobson Central Processing Plant, which is licensed to produce up to 4 million pounds of uranium annually.

"The startup of Burke Hollow is a significant achievement for UEC, advancing the project from a grassroots discovery in 2012 to production in 2026," said Amir Adnani, president and CEO of Uranium Energy Corp.

The Burke Hollow project spans approximately 20,000 acres, with roughly half of the property explored to date. The site hosts multiple mineralized trends and horizons, supporting potential future resource expansion and additional wellfield development.

Energy Secretary Chris Wright stated that the production achievements highlight the importance of uranium production for domestic nuclear fuel supply. Texas Governor Greg Abbott noted that the project strengthens America's domestic nuclear fuel cycle.

Uranium Energy Corp plans to start production at its third ISR project, Ludeman, in 2027. The company maintains operations across Wyoming and South Texas, with additional assets in Canada's Athabasca Basin through its Roughrider Project in Saskatchewan.