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America Needs Uranium. It Imports ~95% of What It Uses. One Company Owns one of the Largest Deposits in the Country

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  • The U.S. imports approximately 95% of its consumed uranium, a dependency the federal government has classified as a national security vulnerability by adding uranium to the Critical Minerals List.
  • Eagle Nuclear Energy Corp. (NASDAQ: NUCL) owns the Aurora Uranium Project, which holds the largest conventional measured \& indicated uranium deposit in the U.S. at 32.75 million pounds indicated \& 4.98 million pounds inferred under SK-1300 standards.
  • Eagle has engaged SLR International Corporation as the lead permitting manager to guide the Aurora project toward development, leveraging the firm's specific experience with Oregon regulators \& the FAST-41 initiative.
  • The company's strategy involves creating a vertically integrated nuclear energy platform by combining domestic uranium resources with exclusive Small Modular Reactor technology.
  • Market drivers include spot uranium prices approaching $92 per pound, approximately 65 reactors under construction globally, \& a U.S. government commitment of $80 billion to nuclear deployment through partners like Cameco.
  • Eagle aims to complete a Pre-Feasibility Study by late 2027 while transitioning the Aurora project from a resource definition to an active development timeline.
  • The article highlights broader sector movements, including Cameco's strategic partnerships, Uranium Energy Corp.'s production restarts, \& NexGen Energy's regulatory progress, contrasting them with Eagle's unique position owning the largest conventional U.S. deposit.