Ur-Energy Inc. (NYSE American: URG | TSX: URE | FSE: U9T), a company engaged in uranium mining, recovery, and processing activities, is benefiting from demand drivers in the U.S. market that are set to help U.S. uranium producers.
Ur-Energy operates the Lost Creek In-Situ Recovery (ISR) uranium facility in Wyoming. The company has produced, packaged, and shipped more than 2.6 million pounds of uranium since the start of operations in 2013.
U.S. National Uranium Reserve
The current positive sentiment surrounding uranium stocks is a reflection of uranium energy being part of a clean-energy economy and the United States government moving forward in creating a uranium strategic reserve that should benefit domestic producers.In December 2020, the U.S. Congress passed a spending proposal that earmarked US$75 million in new funding for a national uranium stockpile . The Bill is awaiting the President’s signature to become a law. The Congressional funding of a […]
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