Ur-Energy is a high-risk, high-reward play on the U.S. uranium resurgence, with near-term growth but meaningful execution and commodity risks.
Overview
Ur-Energy Inc. is a junior U.S. uranium mining company, operating primarily via in-situ recovery (ISR) at its Lost Creek facility in Wyoming, with total historical U₃O₈ production exceeding 3 million pounds. The company is expanding, with the fully-permitted Shirley Basin project expected online by 2026. Serving both U.S. and international nuclear utilities, Ur-Energy stands to benefit from growing demand for clean baseload nuclear power. It aims to grow from established, reliable production into a larger, more strategic supplier as the nuclear industry enters a period of renewed global focus. Ur-Energy is thus positioned as a small but critical domestic supplier with notable expansion plans in a resurging market.