Ur-Energy owns and operates the Lost Creek in-situ recovery uranium facility in south-central Wyoming. In 2021, Lost Creek received an amendment to its license allowing expansion of mining activities within the existing Lost Creek Project and the adjacent LC East Project. The license now allows annual plant production up to 2.2 million pounds U3O8, which includes wellfield production of up to 1.2 million pounds U3O8 and toll processing of up to one million pounds U3O8. Additional approvals for this expansion are expected in 2023. Our second uranium in‑situ recovery facility, Shirley Basin Project, has received all major authorizations and is construction ready. Installation of the first monitor well ring is schedule for March 2023.
Ur-Energy engages in the identification, acquisition, exploration, development, and operation of uranium projects. Shares of Ur Energy trade on the NYSE American under the symbol “URG” and on the Toronto Stock Exchange under the symbol “URE." Ur-Energy’s corporate office is located in Littleton, Colorado; its registered office is in Ottawa, Ontario.