Ur-Energy's Shirley Basin Project Receives Pivotal Regulatory Approval

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Ur-Energy Inc. has reached a pivotal moment with its Shirley Basin Project, securing comprehensive regulatory approval from the Wyoming Department of Environmental Quality. This significant achievement allows the company to transition to full-scale uranium in-situ recovery operations. This includes the efficient transport of uranium-loaded resin from the Shirley Basin site to the Lost Creek processing facility. The approval follows a thorough preoperational assessment by the Wyoming DEQ, which rigorously verified the project's safety systems, operational procedures, staffing, radiation safety protocols, and environmental monitoring programs, ensuring both human safety and environmental protection.

This regulatory clearance not only validates Ur-Energy's commitment to safety and environmental stewardship but also significantly boosts its operational capacity. With over 10,500 lbs of uranium already loaded onto resin since April 2020, the impending shipments to the Lost Creek plant will increase as wellfield flow rates reach commercial production levels. This milestone reinforces Ur-Energy's role in the domestic nuclear fuel supply network, further solidified by the recent completion of its 100th consignment of U₃O₈ uranium concentrate from the Lost Creek site, bringing total shipments to over 3.5 million lbs since 2013, underscoring a decade of consistent U.S. uranium output.

Shirley Basin Project Greenlit for Full-Scale Uranium Recovery

Ur-Energy Inc. has achieved a major regulatory victory for its Shirley Basin Project, receiving full approval from the Wyoming Department of Environmental Quality. This clearance is a game-changer, allowing the company to ramp up to full-scale uranium in-situ recovery (ISR) operations. The comprehensive assessment by the Wyoming DEQ ensured that all safety systems, operational procedures, staffing, radiation safety programs, and environmental monitoring protocols were meticulously reviewed and deemed adequate. This rigorous process guarantees the protection of both human populations and the surrounding environment, paving the way for the project's expanded operations and its continued contribution to domestic uranium production.

This milestone is critical for Ur-Energy, as it enables the seamless transportation of uranium-loaded resin from the Shirley Basin site to the Lost Creek processing plant. Since the commencement of uranium recovery in April 2020, over 10,500 pounds of uranium have been loaded onto resin. With this new approval, shipments will begin shortly and increase in volume as wellfield flow rates reach full commercial production levels. This strategic move is expected to enhance the efficiency and output of Ur-Energy's operations, solidifying its position as a key player in the U.S. nuclear fuel supply chain. The company's consistent performance and adherence to stringent regulatory standards underscore its dedication to responsible and reliable uranium extraction.

Decade of Domestic Uranium Production Fortified

Ur-Energy Inc. is significantly strengthening its position in the domestic uranium market following the regulatory approval for its Shirley Basin Project. This development not only expands its operational footprint but also builds upon a decade of reliable uranium production from its Lost Creek ISR site. The company recently celebrated the completion of its 100th consignment of U₃O₈ uranium concentrate from Lost Creek, pushing its cumulative shipped capacity to over 3.5 million pounds since operations began in 2013. This consistent output is vital for the United States' energy independence and the stability of its nuclear fuel supply network, demonstrating Ur-Energy's long-term commitment to the sector.

The successful approval and scaling of the Shirley Basin Project are integral to Ur-Energy's broader strategy of maintaining secure and reliable domestic uranium output. The meticulous review by the Wyoming Department of Environmental Quality focused on ensuring the highest standards of safety and environmental protection, a testament to the company's operational integrity. By facilitating the transport of uranium-loaded resin and increasing production volumes, Ur-Energy is poised to meet growing demand and further bolster the U.S. nuclear energy infrastructure. This commitment to both operational excellence and environmental responsibility positions Ur-Energy as a trusted leader in the critical mineral sector, ensuring a steady supply for future energy needs.

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