Uranium Energy Corp has signed long-term supply agreements with two U.S. nuclear utilities for a total of 1.1 million pounds of uranium concentrates, the company said on November 5. Every delivery will be priced at prevailing spot-market prices, leaving the contracts exposed to future market prices.

Each contract calls for deliveries of 100,000 pounds per year. One schedule runs from 2027 through 2032 and the other from 2028 through 2032. The company did not identify the utilities or disclose the contracts’ value.

Uranium Energy Corp said its unhedged sales strategy delivered an average realized price of $93.13 per pound in fiscal year 2026.