Western Uranium and Vanadium (WUC.C) has announced earlier in April it has signed an ore purchase agreement with Energy Fuels (UUUU, EFR.TO) whereby Western will start making deliveries of uranium-bearing ore to the White Mesa mill, owned and operated by Energy Fuels. This agreement is rather small as it contains just 25,000 short tons of rock and it will be interesting to see if Western Uranium will be able to make any money off of this.
Disclosure: The author has no position in either Western Uranium or Energy Fuels. This post is for educational purposes only; be mindful investing in junior mining stocks is risky and you may lose your entire investment if things go wrong. Please read the disclaimer.
