Mentioned:
URG -3.57%

There’s a new operational uranium mine in Wyoming. And a publicly traded company is behind it.

What’s happening:

  • Ur-Energy (NYSE: URG) has successfully made their first shipment of uranium from their Shirley Basin mine in Wyoming to their Lost Creek processing plant

Why it matters:

  • Ur-Energy now has two operational uranium mines in the United States

Going deeper:

  • The Shirley Basin mine is licensed for up to 2M pounds of U308 equivalent annually in wellfield and toll-processing capacity
  • Ur-Energy has publicly stated their Lost Creek mine and Shirley Basin mine have a combined annual licensed production and toll-processing capacity of 4.2M pounds of U308 equivalent