Western Uranium & Vanadium Corp.: Business Overview, Financials & Competitive Analysis
Western Uranium & Vanadium Corp. scores 4/10 on the AskCyborg Cyborg Score (Mixed). Development-stage uranium and vanadium producer with strategic positioning in clean energy supply chain, but facing near-term profitability challenges and market volatility. In 2024, revenue was $183,803 (down 57% year-over-year) and losses were $10.11 million. While the company has signed revenue agreements and is ramping production, near-term financials.
What is Western Uranium & Vanadium Corp.'s industry? Western Uranium & Vanadium Corp. (western-uranium.com) operates in Metals and Mining. AskCyborg classifies Western Uranium & Vanadium Corp. under Metals and Mining in its company registry.
Western Uranium & Vanadium Corp. is a leading North American mining company focused on the exploration, development, and production of high-grade uranium and vanadium resources. Founded in 2014, the company was establ...
Cyborg Score thesis
Development-stage uranium and vanadium producer with strategic positioning in clean energy supply chain, but facing near-term...
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Get Current Report FreeWestern Uranium & Vanadium Corp. Overview
Pro stress-test →Western Uranium & Vanadium Corp. is a leading North American mining company focused on the exploration, development, and production of high-grade uranium and vanadium resources. Founded in 2014, the company was established to seize strategic opportunities in the uranium market during the post-Fukushima downturn by acquiring valuable mining assets at favorable terms and is advancing a portfolio of premier projects across the western United States.
Strategic Profile
Pro stress-test →The company's strategy capitalizes on the potential resurgence in the uranium market, spurred by increasing global demand for clean energy, and the ongoing need for vanadium in various industrial applications, such as steel production and emerging battery technologies. In April 2025, Western entered an Ore Purchase Agreement with Energy Fuels Inc. to commence hauling uranium bearing ore beginning in May 2025, making deliveries to Energy Fuels' White Mesa Mill with provisions for up to 25,000 short tons of ore sourced from its flagship Sunday Mine Complex.
Competitive Landscape
Pro stress-test →Western operates in uranium and vanadium exploration and production in the United States. Primary competitors include larger integrated uranium producers like Energy Fuels Inc., as well as other uranium development companies exploring assets in the Uravan Mineral Belt and Colorado Plateau region. The company differentiates through proximity to Energy Fuels' White Mesa Mill and established mining claims on high-grade deposits.
Industry Context
Western Uranium & Vanadium Corp. operates in Metals and Mining.
Key facts
Founded: 2014 · Headquarters: Toronto, Canada · Revenue: $183,803 (2024) · Market cap: N/A