Ur-Energy Surges in Uranium Production | Business and Finance News

Ur-Energy is on a production roll, shipping 150,000 pounds of uranium last quarter — a 44% quarterly surge and 42% year-over-year gain — while keeping costs low at $40.20 per pound and holding $95.3 million in cash to fuel expansion. Upgrades at Lost Creek, including a new sand filtration system (now fully online since July), are boosting output, and the site’s wastewater treatment plant and other improvements are set for completion by year-end. Shirley Basin has hit a major milestone, capturing 10.6K pounds despite limited operations, with six of ten columns now live under a smart “hub and spoke” model feeding into Lost Creek. Ahead, the company is advancing the Lost Soldier project with environmental studies underway and a technical report expected by year-end, while North Castle shows promise with recent drilling hitting uranium mineralization. All part of a long-term strategy to scale Wyoming-based production, capitalize on rising domestic uranium demand, and secure energy supply chains — executing responsibly while positioning for future market opportunities. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/2fb4610d660ad4bc