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Clean American Uranium

Nuclear Fuels Inc. (CSE:NF|OTCQX:NFUNF) is a uranium exploration company with a strategic relationship with enCore Energy Corp, advancing early-stage, district-scale In-Situ Recovery (“ISR”) amenable uranium projects towards production in the United States of America.

Leveraging extensive proprietary historical databases and deep industry expertise, Nuclear Fuels is well-positioned in a sector poised for significant and sustained growth on the back of strong government support for nuclear energy and uranium.

The Company’s strategic relationship with enCore Energy Corp., America’s Clean Energy Company™, offers a mutually beneficial “pathway to production,”with enCore owning an ~18% equity interest and retaining the right to back-in to 51% ownership in the flagship Kaycee Project in Wyoming’s prolific Powder River Basin.

Nuclear Fuels has consolidated the flagship Kaycee Project in Wyoming’s prolific Powder River Basin under single-company control for the first time since the early 1980s.  Currently executing its second drill program at the Kaycee Project, the Company aims to expand on historic resources across a 35-mile trend with over 430 miles of mapped roll-fronts defined by 3,800 drill holes.

Premier American Uranium Inc. and Nuclear Fuels Inc. announced that they have entered into an arm’s length definitive agreement dated June 4, 2025, pursuant to which Premier American Uranium has agreed to acquire all of the issued and outstanding common shares of Nuclear Fuels by way of a court-approved plan of arrangement.   The transaction establishes America’s leading uranium explorer with a consolidated portfolio of 12 projects across key U.S. uranium districts, including New Mexico, Wyoming, Colorado, Utah, and Arizona.  You can find more information below, and feel free to reach out with any questions using our Contact Us form.

U.S. uranium supply to commercial nuclear reactors (1950-2017)

Graph illustrating the historical trend of uranium supply in the United States, showing the decline in domestic production and the rise of imports from 1950 to 2015, highlighting the shift toward foreign reliance for uranium resources.

Why Nuclear Energy in the United States?

Nuclear energy accounts for 20% of the United States’ total electricity and is the largest source of carbon-free electricity in the country. It is forecasted to grow considerably as the U.S. shifts away from burning fossil fuels.

Historically, the U.S. was almost self-sufficient in uranium production. Recent rebound in price, influenced by the need for national security and decarbonization strategies, has made domestically produced uranium essential and economically profitable again to fuel nuclear energy.

Strategically located in Wyoming

Our Priority Kaycee Project

Wyoming is an NRC Agreement State that has historically produced 215Mlbs of uranium through ISR, making it the leading nuclear fuel producing state in the nation while facilitating and accelerating permitting and licensing.

 

The Kaycee Project in Wyoming’s Powder River Basin (PRB) is the Company’s priority project, covering a 35 mile mineralized trend with over 430 miles of identified roll fronts and consists of more than 55 square miles of mineral rights. Under Nuclear Fuels Inc., this represents the first time since the early 1980’s that the entire district is controlled by one company.

A breathtaking aerial view of Wyoming's rugged landscape featuring red rock cliffs, open plains, and winding dirt roads under a vibrant blue sky, showcasing the natural beauty and mineral-rich terrain ideal for uranium exploration.

“Wyoming is the energy bread basket of the nation. From coal, oil, natural gas to uranium, Wyoming has it”

Senator Barrasso

The Future is Already Here!

Focused On In-Situ Recovery Amenable Uranium Projects

In-Situ Recovery (ISR) is a minimally invasive, environmentally friendly, and economically competitive mineral extraction method that injects a water-based lixiviant solution into the ground to extract the uranium. ISR operates without the open pits, waste dumps, or tailings associated with conventional mining and milling, making extraction more environmentally responsible while also resulting in a faster and more cost-efficient permitting, development, and remediation process.

Illustration of the in-situ recovery process for uranium extraction, showing injection and recovery wells, a processing plant, and surrounding farmland. The diagram details groundwater bypass, impermeable clay barriers, and the aquifer exemption zone located 700 feet underground, highlighting environmentally safe uranium extraction methods.

Our Projects

Flagship Kaycee Project

Wyoming’s Powder River Basin

Bootheel Project

Wyoming’s Shirley Basin

TenSleep Project

Wyoming

Moonshine Project

Arizona

Other Projects

Moonshine, Lisbon

News

Nuclear Fuels Commences 2025 Kaycee Uranium Project Drill Program

Premier American Uranium to Acquire Nuclear Fuels, Creating One of America’s Largest Pure-Play Uranium Explorers

Nuclear Fuels Mourns the Passing of Independent Director Eugene Spiering