Ur-Energy Reports Dried And Packaged 112,033 Pounds Of U3O8 In Q2, Up 35% Over Q1 2025; Co Sells 165K Pounds U3O8 In Q2 At Average Price Of $63.20 Per Pound For Revenue Of $10.4M

Author: Benzinga Newsdesk | July 15, 2025 07:07am

Ur-Energy Inc. (NYSE:URG)(TSX:URE) (the "Company" or "Ur-Energy") is pleased to provide an update on Q2 2025 operational and construction progress at its Lost Creek and Shirley Basin in situ uranium projects in Wyoming.

Lost Creek Production and Sales

At our flagship Lost Creek Project, production operations continue to progress with a full operations team on site. Most recently, the construction and startup of header house 2-15 was completed, demonstrating the team's growing efficiency and skill. With training and experience building, our production growth trajectory remains positive.

During the second quarter of 2025, we dried and packaged 112,033 pounds of U3O8, representing a 35% increase over the first quarter 2025;

We shipped 105,316 pounds of powdered uranium concentrate, also known as "yellowcake," to the conversion facility;

At quarter end, our finished inventory at the conversion facility was 315,607 pounds U3O8, and the in-process and drummed inventory at Lost Creek totaled approximately 55,000 pounds U3O8.

In Q2 2025 we sold 165,000 pounds U3O8 at an average price of $63.20 per pound for revenue of $10.4 million.

Posted In: TSX:URE URG