NexGen outlines Rook I construction progress, targets up to 30 million lbs annual uranium output

• NexGen highlighted construction progress at the Rook I uranium project, targeting output of up to 30 million lbs of U₃O₈ a year.
• Rook I described as the largest single source of uranium under development, positioned at roughly 20% of global primary supply.
• Construction license granted March 5, 2026; major construction began June 2026.
• Sales commitments total 11.7 million lbs with major utilities, structured around market-related pricing at delivery.
• Presentation flagged a projected primary uranium deficit of 335 million lbs a year by 2040 amid rising nuclear and AI-driven demand.

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