Ur-Energy Inc. is a U.S.‐based uranium mining company focused on the exploration, development and production of uranium to serve the global nuclear power industry. The company’s core expertise centers on in situ recovery (ISR) mining techniques, which involve the extraction of uranium from sandstone formations using a low-environmental-impact process that recovers uranium in solution. Through this approach, Ur-Energy strives to maintain efficient production while minimizing surface disturbance, water usage and waste generation.
The company’s flagship asset is the Lost Creek Project in Wyoming’s Great Divide Basin, which commenced commercial production in 2013. Lost Creek benefits from established infrastructure, dedicated pipeline networks and permitted expansion capacity. In addition to Lost Creek, Ur-Energy holds interests in several other exploration and development stage projects in the Powder River Basin of Wyoming and in Canada’s Athabasca Basin. These projects position the company to ramp up production in response to strengthening demand for uranium fuel.
Ur-Energy markets its uranium as U3O8 (triuranium octoxide) concentrates and tailors offtake agreements to utilities and strategic partners worldwide. By supplying reactor-grade uranium to customers in North America, Europe and Asia, the company plays a role in supporting the baseload generation needs of the nuclear sector and advancing low-carbon energy initiatives.
Founded in 2005 and headquartered in Littleton, Colorado, Ur-Energy is led by a management team with extensive experience in mining engineering, project development and nuclear fuel markets. Under the direction of President and Chief Executive Officer Travis W. Thompson, the company remains focused on operational excellence, regulatory compliance and the delivery of reliable uranium production to existing and emerging nuclear facilities.
