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Announced

Uranium Energy to acquire Wyoming uranium assets of Rio Tinto for $175m.

Synopsis

Uranium Energy, a growing supplier of fuel for the green energy transition to a low carbon future, agreed to acquire Wyoming uranium assets of Rio Tinto, a British-Australian multinational company, for $175m. "Expanding our production capabilities with the acquisition of highly sought after and fully licensed uranium assets in the U.S. is an important and timely milestone, especially in Wyoming, where we have recently restarted ISR production," Amir Adnani, Uranium Energy President and CEO.

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