Ur-Energy Outlines $26 Million Wastewater Investment and Q1 2027 Production Targets for MU5
Ur-Energy (URG) has announced plans to invest approximately $26 million in wastewater management at its Lost Creek facility. This capital expenditure is part of a broader strategy to optimize production as the company ramps up operations at both the Lost Creek and Shirley Basin sites. CEO Matthew Gili emphasized the company's commitment to developing a domestic, district-scale In-Situ Recovery (ISR) platform. Looking ahead, the company has set specific production targets for its MU5 project, aiming for a commencement date in the first quarter of 2027.
Tickers: $URG
Topics: earnings call ISR platform development production ramp-up