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Ur-Energy Announces Restart of Commercial Production and Completion of Casper Centralized Services Facility
LITTLETON, CO / ACCESSWIRE / May 30, 2023 / Ur-Energy Inc. (NYSE American:URG)(TSX:URE) (the "Co...
About this update from Ur-energy Inc.
[{"type":"text","content":"Ur-Energy Announces Restart of Commercial Production and Completion of Casper Centralized Services FacilityLITTLETON, CO / ACCESSWIRE / May 30, 2023 / Ur-Energy Inc. (NYSE American:URG)(TSX:URE) (the \"Company\" or \"Ur-Energy\") is pleased to announce the successful startup of production flow from Header House 2-4 at our Lost Creek In Situ Uranium Facility in Sweetwater County, Wyoming. Production rates will continue to increase as additional header houses in Mine Unit 2 come online this year. Lost Creek production inventory will be sold into our remaining 2023 contract book of 180,000 pounds U3O8 in the second half of the year. Beginning in 2024, the Company's total sales quantity under contract is 600,000 pounds U3O8 annually, plus or minus a small, optional flex.We are also pleased to announce that construction of our Casper, Wyoming centralized services facility, shown below, is complete and will facilitate full laboratory and construction services for each of our mining projects. The centralized location will allow for reduced drive times and improved safety for our employees while reducing operating costs and increasing efficiencies.Steve Hatten, the Company's COO stated, \"I am very excited to see the planning and hard work pay off for our long-standing and new employees with these achievements at Lost Creek and completion of our new Casper facility. This restart of normal operations at Lost Creek marks the first of a series of planned production areas scheduled for 2023 and 2024. We hope our return to commercial production also is the beginning of a resurgence of the uranium mining industry in the United States.\" About Ur-EnergyUr-Energy is a uranium mining company operating the Lost Creek in-situ recovery uranium facility in south-central Wyoming. We have produced and packaged approximately 2.7 million pounds U3O8 from Lost Creek since the commencement of operations. Ur-Energy now has all major permits and authorizations to begin construction at Shirley Basin, the Company's second in situ recovery uranium facility in Wyoming and is in the process of obtaining remaining amendments to Lost Creek authorizations for expansion of Lost Creek. Ur‑Energy is engaged in uranium mining, recovery and processing activities, including the acquisition, exploration, development, and operation of uranium mineral properties in t...