07:49 AM EDT, 10/17/2024 (MT Newswires) -- Uranium Energy ( UEC ) said Thursday it secured the Wyoming Department of Environmental Quality's approval to expand the licensed production capacity at its Irigaray Central Processing Plant to 4 million pounds of Triuranium octoxide, a uranium compound, annually.

The company said Stantec agreed to offer its services to support production expansion at its Powder River Basin.

Uranium Energy's ( UEC ) shares were up 2.6% in recent Thursday premarket activity.

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