other material
confidence high
sentiment positive
materiality 0.70
Ur-Energy reports Lost Creek 2024 production of 265,744 lbs U3O8 and Shirley Basin on track for early 2026 commissioning
UR-ENERGY INC
- Lost Creek produced 265,744 lbs U3O8 in 2024, in line with guidance; Q4 2024 capture was 81,767 lbs at average head grade of 66.2 mg/L.
- Shirley Basin construction to increase licensed capacity by ~83%, with commissioning expected in January 2026.
- Lost Creek named largest US uranium producer by EIA for Q3 2024; life-of-mine production exceeded 3.0 million lbs in Q3 2024.
- Six header houses added in 2024, including HH 2-12 in January 2025; 20 drill rigs currently turning at Lost Creek.
- Trump administration executive orders and DOE secretary order support domestic uranium and nuclear energy, benefiting US producers.