Ur-Energy (URG) Reopens Wyoming Uranium Mine After 34 Years

Published on Β· Source: finance.yahoo.com

Ur-Energy (URG) Reopens Wyoming Uranium Mine After 34 Years

AI Summary

Summarized by AI from the source below

Ur-Energy Inc. (URG) resumed operations at its Shirley Basin ISR project in Wyoming on April 23, 2026, marking its second active uranium mine in the U.S. The project has a licensed capacity of up to 2 million pounds of U3O8 annually and contains approximately 9.1 million pounds of U3O8 with an average grade of 0.22%. The Shirley Basin mine is recognized for its historical significance as the birthplace of ISR uranium mining in the U.S. This reopening follows 34 years of inactivity since 1992, with active uranium capture from Mine Unit 1 already underway.

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