Ur-Energy Inc. has provided an update on its operations, highlighting its status as a Wyoming-based uranium producer with two licensed in situ recovery (ISR) production sites and multiple exploration properties. The company announced progress on bringing its second ISR mine, Shirley Basin, online in early 2026, which will double its production capacity with a licensed annual mine capacity of 1.0 million pounds. The Lost Creek ISR Facility, which has produced over 3.0 million pounds of U3O8 since 2013, continues to operate with a 13-year remaining mine life and ongoing optimization efforts. Ur-Energy reported total contracted uranium sales of 1.3 million pounds for 2026 and noted its recent $120 million convertible financing completed in December 2025. The company emphasized the growing demand for uranium, driven by increasing global reactor needs and tightening supply, and its ongoing development pipeline to expand potential uranium resources. You can access the full presentation through the link below.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ur-Energy Inc. published the original content used to generate this news brief on February 10, 2026, and is solely responsible for the information contained therein.