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Ur-Energy Commends President Trump's Bold Executive Orders for the Reinvigoration of the U.S. Nuclear Industry and U.S. Energy Security

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Ur-Energy (NYSE: URG) commends President Trump's issuance of four Executive Orders aimed at expanding U.S. nuclear power capacity. The orders set an ambitious goal of quadrupling American nuclear energy capacity from 100 GW to 400 GW by 2050. Key directives include adding 5 gigawatt of power uprates to existing reactors and initiating construction of 10 new large reactors by 2030.

Ur-Energy, a U.S. uranium miner, is well-positioned to benefit from these developments with its Lost Creek mine currently ramping up production and Shirley Basin project set to commence production in early 2026. The company has $66M in cash resources and a licensed annual production capacity of 2.2 million pounds. The company plans additional delineation and exploration drilling on several Wyoming projects this summer to expand its uranium resource base.

[ "Executive Orders support long-term uranium demand and production from Ur-Energy's mines", "Company has strong cash position of $66M to advance corporate objectives", "Licensed annual production capacity of 2.2 million pounds", "Received final approvals to expand Lost Creek mine", "Second production site (Shirley Basin) under construction with production planned for early 2026" ]

Ur-Energy (NYSE: URG) accoglie con favore l'emissione da parte del Presidente Trump di quattro Ordini Esecutivi volti a espandere la capacità nucleare degli Stati Uniti. Gli ordini fissano un ambizioso obiettivo di quadruplicare la capacità energetica nucleare americana da 100 GW a 400 GW entro il 2050. Le direttive principali includono l'aggiunta di 5 gigawatt di potenza agli impianti esistenti e l'avvio della costruzione di 10 nuovi grandi reattori entro il 2030.

Ur-Energy, un produttore statunitense di uranio, è ben posizionata per beneficiare di questi sviluppi, con la miniera Lost Creek attualmente in fase di aumento della produzione e il progetto Shirley Basin che inizierà la produzione all'inizio del 2026. La società dispone di 66 milioni di dollari in risorse liquide e di una capacità produttiva annuale autorizzata di 2,2 milioni di libbre. Quest'estate sono previsti ulteriori lavori di delineazione e perforazione esplorativa su diversi progetti nel Wyoming per ampliare la base di risorse di uranio.

Ur-Energy (NYSE: URG) celebra la emisión por parte del Presidente Trump de cuatro Órdenes Ejecutivas destinadas a expandir la capacidad de energía nuclear en Estados Unidos. Las órdenes establecen una meta ambiciosa de cuadruplicar la capacidad nuclear estadounidense de 100 GW a 400 GW para 2050. Las directrices clave incluyen añadir 5 gigavatios de potencia a los reactores existentes e iniciar la construcción de 10 nuevos reactores grandes para 2030.

Ur-Energy, un minero de uranio estadounidense, está bien posicionada para beneficiarse de estos avances con su mina Lost Creek que actualmente está aumentando la producción y el proyecto Shirley Basin que comenzará la producción a principios de 2026. La compañía cuenta con 66 millones de dólares en recursos líquidos y una capacidad de producción anual autorizada de 2,2 millones de libras. Este verano planea realizar perforaciones adicionales de delineación y exploración en varios proyectos de Wyoming para ampliar su base de recursos de uranio.

Ur-Energy (NYSE: URG)는 트럼프 대통령이 미국 원자력 발전 용량 확대를 목표로 발행한 네 가지 행정명령을 환영합니다. 이 명령들은 2050년까지 미국 원자력 에너지 용량을 100GW에서 400GW로 4배 확대하는 야심찬 목표를 설정했습니다. 주요 지침에는 기존 원자로에 5GW의 출력 증강을 추가하고 2030년까지 10개의 대형 원자로 건설을 시작하는 내용이 포함됩니다.

미국 우라늄 광산업체인 Ur-Energy는 현재 생산을 확대 중인 Lost Creek 광산과 2026년 초 생산 시작 예정인 Shirley Basin 프로젝트를 통해 이러한 발전으로부터 유리한 위치에 있습니다. 회사는 6600만 달러의 현금 자원연간 220만 파운드의 허가된 생산 능력을 보유하고 있습니다. 올해 여름에는 와이오밍 내 여러 프로젝트에서 우라늄 자원 기반을 확장하기 위해 추가 탐사 및 시추 작업을 계획하고 있습니다.

Ur-Energy (NYSE : URG) salue l'émission par le Président Trump de quatre décrets exécutifs visant à augmenter la capacité nucléaire des États-Unis. Ces décrets fixent un objectif ambitieux de quadrupler la capacité nucléaire américaine de 100 GW à 400 GW d'ici 2050. Les directives clés incluent l'ajout de 5 gigawatts de puissance aux réacteurs existants et le lancement de la construction de 10 nouveaux grands réacteurs d'ici 2030.

Ur-Energy, un producteur d'uranium américain, est bien placé pour tirer parti de ces développements avec sa mine Lost Creek qui augmente actuellement sa production et le projet Shirley Basin dont la production débutera début 2026. La société dispose de 66 millions de dollars de liquidités et d'une capacité de production annuelle autorisée de 2,2 millions de livres. Cet été, elle prévoit des forages supplémentaires de délimitation et d'exploration sur plusieurs projets dans le Wyoming afin d'élargir sa base de ressources en uranium.

Ur-Energy (NYSE: URG) begrüßt die von Präsident Trump erlassenen vier Exekutivverordnungen zur Erweiterung der US-Kernenergiekapazität. Die Verordnungen setzen sich das ehrgeizige Ziel, die amerikanische Kernenergiekapazität bis 2050 von 100 GW auf 400 GW zu vervierfachen. Zu den wichtigsten Vorgaben gehören die Steigerung der Leistung bestehender Reaktoren um 5 Gigawatt und der Baubeginn von 10 neuen Großreaktoren bis 2030.

Ur-Energy, ein US-amerikanischer Uranproduzent, ist gut positioniert, um von diesen Entwicklungen zu profitieren. Die Lost Creek Mine steigert derzeit ihre Produktion, und das Shirley Basin-Projekt soll Anfang 2026 mit der Produktion beginnen. Das Unternehmen verfügt über 66 Millionen US-Dollar an liquiden Mitteln und eine lizenzierte jährliche Produktionskapazität von 2,2 Millionen Pfund. Für diesen Sommer sind zusätzliche Erkundungs- und Bohrarbeiten an mehreren Projekten in Wyoming geplant, um die Uranressourcenbasis zu erweitern.

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Insights

Trump's nuclear expansion orders create substantial long-term demand for uranium miners like Ur-Energy, boosting their growth prospects.

The executive orders issued by President Trump represent a fundamental shift in U.S. energy policy with significant implications for the domestic uranium industry. The ambitious target to quadruple nuclear capacity from 100 GW to 400 GW by 2050 would require massive uranium supply chain development. The directive to add 5 GW of power uprates and begin construction on 10 new large reactors by 2030 creates near-term catalysts for companies like Ur-Energy.

What makes these orders particularly consequential is their comprehensive approach - addressing workforce development, domestic conversion and enrichment services, advanced reactor deployment, and regulatory reform. This holistic strategy tackles the major bottlenecks that have historically constrained nuclear growth.

For Ur-Energy specifically, the timing couldn't be better. The company is currently ramping up production at Lost Creek, has received final approvals for expansion, has $66 million in cash resources, and is developing Shirley Basin with production planned for early 2026. With a total licensed production capacity of 2.2 million pounds annually, Ur-Energy is positioned as one of the few established U.S. uranium miners ready to supply increasing domestic demand.

The global context further strengthens the investment case, as growing electricity demand from AI and quantum computing, combined with energy security concerns, has fundamentally altered the demand outlook for nuclear power. The bipartisan support mentioned suggests these initiatives may have staying power beyond a single administration.

LITTLETON, CO / ACCESS Newswire / May 27, 2025 / Ur-Energy Inc. (NYSE American:URG)(TSX:URE) ("Ur-Energy"), a long-term leading U.S. uranium miner, commends the Trump Administration on its bold action of issuing four Executive Orders making the expansion of nuclear power a national priority.

  • On May 23, 2025, President Trump issued four Executive Orders with the objective of taking "swift and decisive action" to rapidly advance U.S. nuclear power generation and global nuclear influence in the interest of America's national security.

  • President Trump called for quadrupling American nuclear energy capacity from 100 GW in 2024 to 400 GW by 2050 and laid out a clear path to achieve that ambitious goal, including workforce development; expansion of domestic conversion and enrichment services; development and deployment of advanced nuclear reactors; and regulatory reform.

  • The Department of Energy was directed to prioritize work with the U.S. nuclear industry to add 5 gigawatt of power uprates to existing nuclear reactors and have 10 new large reactors under construction by 2030.

  • Notably, the directives accelerate efforts to enhance the efficiency and focus of the NRC while emphasizing that the U.S. maintains its leading reputation for nuclear safety.

Ur-Energy commends President Trump's initiative through the issuance of the four Executive Orders. The actions taken will accelerate the development of the nuclear industrial base domestically and reposition the U.S. as a commercial nuclear leader globally. The Executive Orders complement other recent bipartisan Congressional actions to advance the domestic nuclear fuel cycle.

The shift to nuclear power is global, resulting from the desire of many nations for energy security and reliable carbon-free baseload power, and from the immense growth in electricity demand from AI and quantum computing. Based on these sustaining needs, we believe the demand for nuclear power has fundamentally and irreversibly changed.

The President's actions support long-term uranium demand and therefore production from Ur-Energy's Lost Creek and Shirley Basin mines. Ur-Energy continues to ramp up production at Lost Creek and will start uranium production at Shirley Basin in the near-term, leading to a licensed 2.2 million pound annual production capacity.

Ur-Energy is one of only a few established U.S. miners positioned to supply uranium into the domestic market. Our Lost Creek Mine is fully permitted, staffed and ramping up production. We recently received the final approvals to expand Lost Creek, allowing for many additional years of uranium recovery. We are constructing Shirley Basin, our second Wyoming recovery site, with production planned to commence in early 2026.

In addition to Lost Creek and Shirley Basin, we have planned delineation and exploration drilling on several of our other Wyoming projects this summer to expand our uranium resource base. As of May 2, 2025, we were in the enviable position of having $66M in cash resources to advance our corporate objectives.

We are excited by the rapid growth potential of the U.S. and global commercial nuclear industry and applaud President Trump's bold action last week to return the U.S. to its leadership role in the nuclear sector. The Executive Orders' mandate of rapid action will result in the expansion of the domestic reactor fleet and resulting demand for uranium. Ur-Energy has the people, projects and experience to deliver into this national priority.

About Ur-Energy
Ur-Energy is a uranium mining company operating the Lost Creek in situ recovery uranium facility in south-central Wyoming. We have produced and packaged approximately 2.9 million pounds U3O8 from Lost Creek since the commencement of operations. Ur-Energy has begun development and construction activities at Shirley Basin, the Company's second in situ recovery uranium facility in Wyoming. Ur‑Energy is engaged in uranium mining, recovery and processing activities, including the acquisition, exploration, development, and operation of uranium mineral properties in the United States. The primary trading market for Ur‑Energy's common shares is on the NYSE American under the symbol "URG." Ur‑Energy's common shares also trade on the Toronto Stock Exchange under the symbol "URE." Ur-Energy's corporate office is in Littleton, Colorado and its registered office is in Ottawa, Ontario.

FOR FURTHER INFORMATION, PLEASE CONTACT
John W. Cash, Chairman, CEO & President
720-981-4588, ext. 303
John.Cash@Ur-Energy.com

Cautionary Note Regarding Forward-Looking Information
This release may contain "forward-looking statements" within the meaning of applicable securities laws regarding events or conditions that may occur in the future (e.g., the timing, implementation and funding for the directives included in the recent Executive Orders related to nuclear energy, and the resulting effects on the domestic uranium recovery industry including effects for our company if the directives are successfully implemented; our ability to complete the ramp-up of production at Lost Creek; the outcome of the planned delineation and exploration programs to grow our mineral resources, including timing for the program, and results of drilling; timing and ability to complete build out of Shirley Basin as currently projected; whether growing global support for nuclear energy will continue and be sustained and whether the demand for nuclear power has irreversibly changed; whether we have and will maintain the projects and experience to deliver into the announced national policy related to nuclear energy) and are based on current expectations that, while considered reasonable by management at this time, inherently involve a number of significant business, economic and competitive risks, uncertainties and contingencies. Generally, forward-looking statements can be identified by the use of forward-looking terminology such as "plans," "expects," "does not expect," "is expected," "is likely," "estimates," "intends," "anticipates," "does not anticipate," or "believes," or variations of the foregoing, or statements that certain actions, events or results "may," "could," "might" or "will be taken," "occur," "be achieved" or "have the potential to." All statements, other than statements of historical fact, are considered to be forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements express or implied by the forward-looking statements. Factors that could cause actual results to differ materially from any forward-looking statements include, but are not limited to, capital and other costs varying significantly from estimates; failure to establish estimated resources and reserves; the grade and recovery of uranium which is mined varying from estimates; production rates, methods and amounts varying from estimates; delays in obtaining or failures to obtain required governmental, environmental or other project approvals; inflation; changes in exchange rates; fluctuations in commodity prices; delays in development and other factors described in the public filings made by the Company at www.sedarplus.ca and www.sec.gov. Readers should not place undue reliance on forward-looking statements. The forward-looking statements contained herein are based on the beliefs, expectations and opinions of management as of the date hereof and Ur-Energy disclaims any intent or obligation to update them or revise them to reflect any change in circumstances or in management's beliefs, expectations or opinions that occur in the future.

SOURCE: Ur-Energy Inc.



View the original press release on ACCESS Newswire

FAQ

What are the main goals of Trump's Executive Orders for nuclear energy?

The Executive Orders aim to quadruple American nuclear energy capacity from 100 GW to 400 GW by 2050, add 5 gigawatt of power uprates to existing reactors, and have 10 new large reactors under construction by 2030.

What is Ur-Energy's (URG) current production capacity and expansion plans?

Ur-Energy has a licensed annual production capacity of 2.2 million pounds, with production ramping up at Lost Creek mine and plans to start production at Shirley Basin in early 2026.

How much cash does Ur-Energy (URG) have available for operations?

As of May 2, 2025, Ur-Energy had $66 million in cash resources to advance its corporate objectives.

What are Ur-Energy's (URG) main uranium production sites?

Ur-Energy operates the Lost Creek in-situ recovery uranium facility in Wyoming and is developing the Shirley Basin facility, also in Wyoming.

How much uranium has Ur-Energy (URG) produced from Lost Creek to date?

Ur-Energy has produced and packaged approximately 2.9 million pounds of U3O8 from Lost Creek since the commencement of operations.
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