Having been discovered accidentally in 1954 during a survey to look for petroleum deposits, uranium is among the most valuable minerals productively being recovered across Texas, specifically within uranium-rich areas of Coastal Plain and Trans-Pecos.
During the ’80s, uranium was the second in value among all the metallic elements mined in Texas. Apart from its military usage, uranium is utilized to fuel nuclear power plants across the country. In fact, 9% of the uranium needed by the nuclear power plants across the U.S. were extracted in the country in 2011.Other civilian usages of uranium include production of stains and dyes for wood and leather industries, and a component in lamp filaments for stage bulb lighting.
Uranium is indeed a valuable metallic mineral. By selling your uranium mineral rights, you are providing you and your family the opportunity to be financially stable and independent. To discuss about your plans of selling your mineral rights in Texas, consult with our team of brokers at The Mineral Auction by calling (512) 698-2802 today.
If you’ve been thinking of putting your mineral rights up for sale, or you’re interested in learning more about how much you could potentially get for your interests, then The Mineral Auction is ready to help you.
We’re located in Austin, TX, and because we have connections to thousands of oil and gas royalties and mineral rights buyers, we know that we can get you the best deal if you are looking to sell your mineral rights, whether you’re located in Texas or anywhere else in the U.S.