Ur-Energy Inc. (TSX:URE, NYSEMKT:URG) has achieved uranium production at its Lost Creek in-situ recovery project in south-central Wyoming.
Ur-Energy Inc. (TSX:URE, NYSEMKT:URG) has achieved uranium production at its Lost Creek in-situ recovery project in south-central Wyoming. The company received final operational clearance from U.S. Nuclear Regulatory Commission, signaling the ability to start mining.
President and CEO Wayne Heili commented:
Today marks a seminal moment in the history of Ur-Energy. Since the Company’s formation in 2004, our investors, management and staff have held persistently to the goal of creating economic growth opportunities through the identification, development and production of quality uranium deposits. We are excited to initiate production operations for the Company at our flagship Lost Creek Project, marking the successful conclusion of eight years of development, regulatory and construction activities. Ur-Energy takes our responsibility to the environment, the public and our shareholders seriously, and our team is committed to diligently advancing the project. I have nothing but praise for the Company’s management and staff whose talents, energy and dedication have made this milestone possible, and who will continue to make Ur-Energy successful in the years to come.