Ur-Energy Releases 2022 Q3 Results and Announces the Promotion of Steve Hatten to Chief Operating Officer

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[{"type":"text","content":"Ur-Energy Releases 2022 Q3 Results and Announces the Promotion of Steve Hatten to Chief Operating OfficerLITTLETON, CO / ACCESSWIRE / November 1, 2022 / Ur-Energy Inc. (NYSE American:URG)(TSX:URE) (the \"Company\" or \"Ur-Energy\") has filed the Company's Form 10-Q for the quarter ended September 30, 2022, with the U.S. Securities and Exchange Commission at www.sec.gov/edgar.shtml and with Canadian securities authorities at www.sedar.com.John Cash, Ur-Energy CEO, said, \"We continue to steadily advance construction and drilling at our Lost Creek Mine in preparation for a ramp up as we seek to layer in additional sales contracts. U.S. and international support for nuclear power continues to strengthen as countries recognize the carbon-free attributes of reliable nuclear power and increasingly desire to be energy independent.\"Senators Manchin (D-WV) and Barrasso (R-WY) recently introduced language into the draft National Defense Authorization Act that will provide meaningful long-term support for the development of our nation's ability to produce Low Enriched Uranium (\"LEU\") and High Assay Low Enriched Uranium (\"HALEU\") from U.S. produced uranium. The bill will be voted on before the end of this year. We stand ready to supply uranium into off-take contracts with utilities and other purchasers, and to the U.S. government, from our operating Lost Creek Mine. Additionally, we will be able to deliver into sales from our permitted Shirley Basin Mine within 18 months of a ‘go' decision to construct.\"Mr. Cash continued, saying, \"I am also pleased to announce the well-deserved promotion of Steve Hatten from Vice President Operations to Chief Operating Officer. Mr. Hatten has been involved in uranium production for over 30 years, including 15 years leading Ur-Energy's engineering and production teams. In 2013, Mr. Hatten led the team that completed construction of the Lost Creek Plant in nine months and brought on wellfield production with cash costs as low as $16.27 per pound of U3O8 and industry leading recoveries averaging 90%. Mr. Hatten's responsibilities continue to expand as he has assumed oversight of the Shirley Basin Project with a focus on satellite plant engineering and wellfield design. Mr. Hatten also leads the Company's R&D efforts where his experience and ingenuity have resulted in several industry advance...

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