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UR-Energy Inc.(AMEX:URG) - Securing High-Value Contracts and Uranium Production Ramp-Up

12 Sep 2023

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Interview with John Cash, President & CEO of UR-Energy Inc.Our previous interview: https://www.cruxinvestor.com/posts/uranium-producer-ramping-up-production-in-wyomingRecording date: 7th September 2023Ur-Energy's expansive holdings in Wyoming span a remarkable 48,000 acres of mineral property rights, hosting the esteemed Lost Creek Property in the Great Divide Basin and the Shirley Basin Project. The Lost Creek facility has been a stalwart in promoting clean energy, having spearheaded uranium production since 2013 boasting a production of approximately 2.7 million pounds of U3O8 since its establishment.A significant milestone was achieved in 2021 when Lost Creek successfully amended its license, thereby expanding its operational scope to include the existing Lost Creek Project and the neighboring LC East Project. This pivotal move sets the stage for an increased annual production limit of 2.2 million pounds of U3O8, which encompasses a wellfield production of up to 1.2 million pounds and toll processing capabilities of up to one million pounds of U3O8. Anticipation builds as 2023 approaches, a year earmarked for securing additional approvals for this burgeoning expansion.In Ur-Energy's pipeline is the forthcoming launch of its second in-situ recovery facility, the Shirley Basin Project, which stands ready for construction, fortified with all necessary authorizations.The Shirley Basin Project stands on the cusp of inauguration, holding all the major permits and licenses required to commence construction, signaling the onset of a new epoch in sustainable uranium production.View UR-Energy's Company Profile: https://www.cruxinvestor.com/companies/ur-energy-inc

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