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Uranium Energy Strikes $175M Deal To Acquire Rio Tinto's Wyoming Assets
Uranium Energy Corp. (AMEX:UEC) shares are trading higher on Monday. The company disclosed a deal to fully acquire Rio Tinto Plcâs (NYSE:RIO) Wyoming assets for a purchase price of $175 million.
As per the deal, the buyout includes the fully licensed Sweetwater Plant and a portfolio of uranium mining projects with around 175 million pounds of historic resources.
The Sweetwater Plant, with a 3,000-ton-per-day capacity...
>>> Read more: Uranium Energy Strikes $175M Deal To Acquire Rio Tinto's Wyoming Assets
Uranium Energy Corp. (AMEX:UEC) shares are trading higher on Monday. The company disclosed a deal to fully acquire Rio Tinto Plcâs (NYSE:RIO) Wyoming assets for a purchase price of $175 million.
As per the deal, the buyout includes the fully licensed Sweetwater Plant and a portfolio of uranium mining projects with around 175 million pounds of historic resources.
The Sweetwater Plant, with a 3,000-ton-per-day capacity...
>>> Read more: Uranium Energy Strikes $175M Deal To Acquire Rio Tinto's Wyoming Assets
