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Ur-Energy Revises 2024 Production, Expands at Shirley Basin

Ur-Energy Revises 2024 Production, Expands at Shirley Basin

UR-Energy Inc (TSE:URE) has released an update.

Ur-Energy Inc. updates on Q1 operations in 2024, highlighting production challenges at its Lost Creek facility leading to a revised production guidance of 550,000 – 650,000 pounds of uranium. Additionally, the company has announced the construction of a second ISR uranium facility at Shirley Basin, with production expected to start in 2026, which will double their annual mine production capacity.

For further insights into TSE:URE stock, check out TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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