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![]() Events: March 11, 2010, 11:00 a.m. ET Uranium Resources Fourth Quarter 2009 Earnings Call Webcast » CLICK HERE March 12, 2010, 8:10 a.m. ET Uranium Resources Inc. to Present at The Wall Street Analyst Forum's 21st Annual Analyst Conference » CLICK HERE March 15, 2010, 1:00 p.m. ET Uranium Resources to Present at Roth Capital Partners' 22nd Annual Growth Stock Conference » CLICK HERE Current News:
March 11, 2010
Uranium Resources, Inc. Reports 2009 Fourth Quarter and Full Year Results » CLICK HERE March 9, 2010 Uranium Resources, Inc. Announces Tenth Circuit Upholds NRC Licensing of Churchrock and Crownpoint Projects » CLICK HERE March 8, 2010 Uranium Resources, Inc. to Present at Roth Capital Partners' 22nd Annual Growth Stock Conference » CLICK HERE March 4, 2010 Uranium Resources, Inc. Announces Fourth Quarter 2009 Financial Results and Strategic Plan Review Teleconference and Webcast » CLICK HERE March 4, 2010 Uranium Resources, Inc. to Present at The Wall Street Analyst Forum's 21st Annual Analyst Conference » CLICK HERE |
Corporate OverviewUranium Resources, Inc. explores for, develops and mines uranium. Since its incorporation in 1977, URI has produced over 7 million pounds of uranium by in-situ recovery (ISR) methods in the state of Texas, where the Company has ISR mining projects that are currently being restored at its Kingsville Dome, Rosita and Vasquez projects. Uranium Resources, Inc. in 2009Uranium prices, which peaked in mid-2007, are currently well below their peak and we have taken appropriate steps to conserve cash until the pricing environment improves. In the near-term, we will produce out two existing wellfields at Kingsville Dome in Texas which will likely be depleted in the first quarter of the year. Our priority, as always, will be the continued restoration and reclamation of our completed operating wellfields.The Uranium MarketThe only significant commercial use for uranium is as a fuel for nuclear power plants that generate electricity. According to the World Nuclear Association, there are 438 nuclear power plants operating in the world at the end of July 2007 generating approximately 16% of the world's electricity needs. Nuclear energy's share of worldwide consumption is expected to at least remain constant or perhaps grow to 18% by the year 2030. Current worldwide production of uranium falls significantly short of consumption and the gap between production and consumption has been filled by secondary supplies, such as inventories held by governments, utilities and others in the fuel cycle, These secondary supplies are currently meeting nearly a third of worldwide demand, but as they are depleted future production will have to rise closer to demand.Cautionary Note to U.S. Investors |