Uranium Energy Corp is a United States-based firm engaged in uranium mining and related activities, which includes exploration, pre-extraction, extraction and processing of uranium concentrates, on projects located across the United States and Paraguay. The company operates the Palangana uranium mine located in the state of Texas, which utilizes in-situ recovery mining and extracts uranium oxide. It also has a uranium processing facility located in Texas. It holds certain mineral rights in various stages in the States of Arizona, Colorado, New Mexico, Texas and Wyoming and in the Republic of Paraguay.