Ur-Energy starts full production operations at Shirley Basin uranium project after Wyoming approval
URG•Cash and inventory positions
Unrestricted cash was $95.3 million at June 30; finished inventory at the conversion facility ended at 348,292 lb.
Full production begins at Shirley Basin
Ur-Energy reported full production operations starting at Shirley Basin in late June, positioning it as the largest U.S. ISR uranium producer.
Shirley Basin captured 10,634 lb during limited operations; first resin shipment to Lost Creek for processing is expected imminently.
Second-quarter production and shipments rise
Second-quarter drummed output rose to 140,873 lb U3O8; shipments increased to 149,747 lb as Lost Creek ramp-up accelerated.
Contract deliveries totaled 215,000 lb at an average price of $66.85 per lb, generating $14.4 million in revenue.
