Ur-Energy Receives State Approval for the LC East HJ and KM Permit to Mine Amendments
Ur-Energy has received approval from Wyoming's Department of Environmental Quality for the LC East HJ and KM amendments to their Lost Creek Permit to Mine. This authorization allows for the construction and operation of six additional mine units, expanding their uranium recovery capabilities.
The approved areas contain significant uranium resources: 1.378 million pounds in Measured, 1.635 million pounds in Indicated, and 2.220 million pounds in Inferred Mineral Resources. The company now awaits final EPA approval for aquifer exemption.
Additionally, two major federal developments could positively impact operations:
- President Trump's Executive Order launching a Section 232 investigation into critical minerals imports, including uranium
- Department of Interior's implementation of "Emergency Permitting Procedures" to expedite energy project reviews
Ur-Energy operates the Lost Creek facility in Wyoming, having produced approximately 2.9 million pounds of U3O8 since operations began. The company is also advancing construction at its second facility, Shirley Basin.
Ur-Energy ha ottenuto l'approvazione dal Dipartimento per la Qualità Ambientale del Wyoming per le modifiche LC East HJ e KM al loro Permesso di Estrazione Lost Creek. Questa autorizzazione consente la costruzione e l'operatività di sei unità minerarie aggiuntive, ampliando le capacità di recupero dell'uranio.
Le aree approvate contengono risorse significative di uranio: 1,378 milioni di libbre in Risorse Minerarie Misurate, 1,635 milioni di libbre in Indicate e 2,220 milioni di libbre in Inferred. Ora l'azienda attende l'approvazione finale dell'EPA per l'esenzione dell'acquifero.
Inoltre, due importanti sviluppi federali potrebbero influenzare positivamente le operazioni:
- Il Decreto Esecutivo del Presidente Trump che avvia un'indagine ai sensi della Sezione 232 sulle importazioni di minerali critici, incluso l'uranio
- L'implementazione da parte del Dipartimento degli Interni delle "Procedure di Permesso di Emergenza" per accelerare le revisioni dei progetti energetici
Ur-Energy gestisce l'impianto Lost Creek in Wyoming, avendo prodotto circa 2,9 milioni di libbre di U3O8 dall'inizio delle operazioni. L'azienda sta inoltre avanzando nella costruzione del suo secondo impianto, Shirley Basin.
Ur-Energy ha recibido la aprobación del Departamento de Calidad Ambiental de Wyoming para las enmiendas LC East HJ y KM a su Permiso de Minería Lost Creek. Esta autorización permite la construcción y operación de seis unidades mineras adicionales, ampliando sus capacidades de recuperación de uranio.
Las áreas aprobadas contienen recursos significativos de uranio: 1,378 millones de libras en Recursos Minerales Medidos, 1,635 millones de libras en Indicados y 2,220 millones de libras en Inferidos. La compañía ahora espera la aprobación final de la EPA para la exención del acuífero.
Además, dos importantes desarrollos federales podrían impactar positivamente las operaciones:
- La Orden Ejecutiva del Presidente Trump que lanza una investigación bajo la Sección 232 sobre las importaciones de minerales críticos, incluido el uranio
- La implementación por parte del Departamento del Interior de los "Procedimientos de Permisos de Emergencia" para acelerar las revisiones de proyectos energéticos
Ur-Energy opera la instalación Lost Creek en Wyoming, habiendo producido aproximadamente 2,9 millones de libras de U3O8 desde el inicio de las operaciones. La compañía también está avanzando en la construcción de su segunda instalación, Shirley Basin.
Ur-Energy는 와이오밍 환경품질부로부터 Lost Creek 광산 허가의 LC East HJ 및 KM 수정안을 승인받았습니다. 이 승인으로 여섯 개의 추가 광산 단위 건설 및 운영이 가능해져 우라늄 회수 능력이 확대됩니다.
승인된 지역에는 상당한 우라늄 자원이 포함되어 있습니다: 측정 자원 137.8만 파운드, 표시 자원 163.5만 파운드, 추정 자원 222.0만 파운드. 회사는 현재 대수층 면제에 대한 EPA의 최종 승인을 기다리고 있습니다.
또한, 두 가지 주요 연방 정책이 운영에 긍정적 영향을 미칠 수 있습니다:
- 트럼프 대통령의 행정명령으로 섹션 232에 따른 핵심 광물 수입 조사 착수 (우라늄 포함)
- 내무부의 "긴급 허가 절차" 시행으로 에너지 프로젝트 심사 가속화
Ur-Energy는 와이오밍의 Lost Creek 시설을 운영하며, 운영 시작 이후 약 290만 파운드의 U3O8를 생산했습니다. 또한 두 번째 시설인 Shirley Basin의 건설도 진행 중입니다.
Ur-Energy a obtenu l'approbation du Département de la Qualité Environnementale du Wyoming pour les modifications LC East HJ et KM de leur permis d'exploitation de Lost Creek. Cette autorisation permet la construction et l'exploitation de six unités minières supplémentaires, augmentant ainsi leurs capacités de récupération d'uranium.
Les zones approuvées contiennent des ressources significatives en uranium : 1,378 million de livres en ressources minérales mesurées, 1,635 million de livres en indiquées et 2,220 millions de livres en inférées. La société attend maintenant l'approbation finale de l'EPA pour l'exemption de l'aquifère.
De plus, deux développements fédéraux majeurs pourraient avoir un impact positif sur les opérations :
- Le décret exécutif du président Trump lançant une enquête en vertu de la Section 232 sur les importations de minéraux critiques, dont l'uranium
- La mise en œuvre par le Département de l'Intérieur des « procédures d'autorisation d'urgence » pour accélérer les examens des projets énergétiques
Ur-Energy exploite l'installation Lost Creek dans le Wyoming, ayant produit environ 2,9 millions de livres d'U3O8 depuis le début des opérations. La société fait également avancer la construction de sa deuxième installation, Shirley Basin.
Ur-Energy hat die Genehmigung vom Umweltqualitätsministerium von Wyoming für die LC East HJ und KM Änderungen ihrer Lost Creek Bergbaugenehmigung erhalten. Diese Erlaubnis ermöglicht den Bau und Betrieb von sechs zusätzlichen Bergbaueinheiten und erweitert somit ihre Uranförderkapazitäten.
Die genehmigten Gebiete enthalten bedeutende Uranressourcen: 1,378 Millionen Pfund in gemessenen, 1,635 Millionen Pfund in angezeigten und 2,220 Millionen Pfund in vermuteten Mineralressourcen. Das Unternehmen wartet nun auf die endgültige EPA-Genehmigung für die Aquiferausnahme.
Zusätzlich könnten zwei bedeutende bundesstaatliche Entwicklungen die Operationen positiv beeinflussen:
- Präsident Trumps Exekutivverordnung zur Einleitung einer Untersuchung nach Abschnitt 232 zu Importen kritischer Mineralien, einschließlich Uran
- Die Einführung von "Notfallgenehmigungsverfahren" durch das Innenministerium zur Beschleunigung der Prüfungen von Energieprojekten
Ur-Energy betreibt die Lost Creek Anlage in Wyoming und hat seit Betriebsbeginn etwa 2,9 Millionen Pfund U3O8 produziert. Das Unternehmen treibt zudem den Bau seiner zweiten Anlage, Shirley Basin, voran.
- State approval received for LC East HJ and KM mine unit expansions, adding significant uranium resources
- Additional mineral resources approved: 1.378M lbs U3O8 Measured, 1.635M lbs U3O8 Indicated, 2.220M lbs U3O8 Inferred
- New Section 232 investigation launched into uranium imports, potentially benefiting domestic producers
- Emergency Permitting Procedures implemented by DOI to expedite energy project approvals
- Company has already produced and packaged 2.9M pounds of U3O8 from Lost Creek facility
- Several years delay before operations can begin in newly approved mine units
- Still awaiting final EPA approval for aquifer exemption
- Regulatory timeline uncertainties for Section 232 investigation outcomes
Insights
Ur-Energy secures vital mining permit for 5.2M pounds of uranium resources, strengthening future development pipeline despite years-away timeline.
Wyoming's environmental regulators have granted Ur-Energy a critical permit amendment allowing construction and operation of six additional mine units at their LC East Project. This regulatory milestone unlocks access to substantial uranium resources:
The permitting success represents the culmination of years of environmental baseline data collection and technical analyses. With previous approvals from the Bureau of Land Management and Wyoming Uranium Recovery Program already secured, only EPA aquifer exemption approval remains pending. This methodical regulatory progress significantly de-risks the company's expansion pathway.
However, investors should note the company explicitly states operations in these newly permitted areas won't begin for "several years," positioning this as a long-term development asset rather than near-term production catalyst. The permit nonetheless secures Ur-Energy's future operational pipeline and demonstrates the company's regulatory navigation capabilities in a sector where permitting often represents a substantial hurdle.
The overall regulatory environment appears increasingly supportive, with recent federal actions potentially benefiting domestic uranium producers. The permit approval represents tangible progress toward resource development, though within a multi-year timeframe.
Recent federal actions, including Section 232 investigation and expedited permitting procedures, create increasingly supportive environment for domestic uranium producers.
Beyond Ur-Energy's state-level permitting progress, the press release highlights significant federal policy developments with potentially far-reaching implications for domestic uranium producers. On April 15, 2025, the administration launched a Section 232 investigation examining national security risks from reliance on imported critical minerals, explicitly including uranium. The Department of Commerce has 180 days to complete this investigation, after which the President has 90 days to determine potential remedies.
Historical precedent suggests meaningful impact - the previous Section 232 investigation (2018-2019) resulted in the establishment of a uranium reserve and government purchases of domestic uranium. This current investigation could potentially lead to similar supportive measures.
Additionally, on April 23, 2025, the Department of Interior implemented "Emergency Permitting Procedures" specifically designed to expedite energy project reviews, with uranium projects explicitly included. This aligns with broader administration policy making it "U.S. policy to encourage energy exploration and production on federal lands."
These federal actions create a potentially more favorable regulatory landscape for domestic uranium producers like Ur-Energy. While concrete outcomes remain undetermined, the explicit inclusion of uranium in these initiatives signals heightened recognition of its strategic importance and suggests continued policy support for developing domestic production capacity.
LITTLETON, CO / ACCESS Newswire / April 28, 2025 / Ur-Energy Inc. (NYSE American:URG)(TSX:URE) (the "Company" or "Ur-Energy") is pleased to announce the Wyoming Department of Environmental Quality, Land Quality Division ("LQD") has granted approval of the LC East HJ and KM amendments to the Lost Creek Permit to Mine. This permitting action grants final State approval for Ur-Energy to construct and operate up to six additional mine units within the HJ and KM geologic horizons at our LC East Project and in the HJ horizon at Lost Creek.
The approvals allow for expansion of recovery activities into areas which have been estimated to contain uranium mineral resources as follows: 1.378 million pounds U3O8 Measured Mineral Resource; 1.635 million pounds U3O8 Indicated Mineral Resource and 2.220 million pounds U3O8 Inferred Mineral Resources. See Lost Creek ISR Uranium Property, Sweetwater County, Wyoming, USA Technical Report Summary (March 4, 2024) prepared by Qualified Person, Western Water Consultants, Inc., d/b/a WWC Engineering ("WWC").
The Bureau of Land Management previously approved the associated amendments to the Plan of Operations and the Wyoming Uranium Recovery Program previously approved the necessary amendments to the Lost Creek Source and Byproduct Material License. Now that the LQD has formally issued approval of the amendments, we await only final concurrence and approval of the related aquifer exemption from the U.S. Environmental Protection Agency.
Ur-Energy's CEO and Chairman of the Board, John Cash, stated, "Approval of these amendments is the culmination of many years of extensive environmental baseline data collection, technical analyses, public comments and regulatory review. I want to thank Ryan Schierman, our Vice President Regulatory Affairs, for his diligent work on this project. Although it is several years before we plan to begin operations in the newly approved mine units, it is gratifying that the State has finalized its approvals."
In addition to the approval of the LC East HJ and KM amendments, there have been significant additional developments at the federal level that may have positive impacts on our operations.
On April 15, 2025, President Trump issued an Executive Order which launched a Section 232 of the Trade Expansion Act of 1962, as amended, investigation into the national security risks posed by U.S. reliance on imported processed critical minerals and their derivative products, including uranium. The Department of Commerce has 180 days to complete the investigation and provide their findings to President Trump. Upon receipt of the investigation findings and recommendations, President Trump will then have 90 days to determine what, if any, remedies to implement. The previous Section 232 investigation for uranium (2018-2019) resulted in the establishment of the uranium reserve and the purchase of domestic uranium.
On April 23, 2025, the Department of Interior implemented "Emergency Permitting Procedures to Strengthen Domestic Energy Supply." The permitting procedures include uranium projects and, according to the Department of Interior announcement, the measures are designed to expedite the review and, if appropriate, approval of energy projects.
These recent directives from the Trump Administration continue the strong support for energy and mineral development which began on the first day of President Trump's administration with the Executive Order titled "Unleashing American Energy" which, among other actions, made it U.S. policy to encourage energy exploration and production on federal lands and requires a review to ensure all regulatory requirements related to energy are grounded in clearly applicable law.
While the ultimate impact of these orders and policies won't be known for some time, they clearly illustrate the administration's interest in supporting domestic energy and mining projects and often explicitly list uranium as a mineral of interest. For many decades the U.S. was a leader in the nuclear industry, including domestic recovery of uranium, but in recent years that leadership role has been eroded in part due to overly burdensome regulations, that while well intentioned resulted in extensive delays and additional costs. Based on the actions listed above and actions taken during the previous administration, such as the Inflation Reduction Act, we believe the U.S. is on its way to regaining its leadership position in uranium production and in the greater nuclear industries.
Pursuant to Canadian National Instrument 43-101 Qualified Persons at WWC have reviewed and approved the technical disclosure contained in this news release.
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 all major permits and authorizations to begin construction at Shirley Basin, the Company's second in situ recovery uranium facility in Wyoming and is advancing Shirley Basin construction and development following the March 2024 ‘go' decision for the mine. We await the remaining regulatory authorization for the expansion of Lost Creek. 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., whether and when the EPA will approve the aquifer exemption for the additional recovery areas included in the LQD permit amendments; how long it will be before we are producing from the newly approved mine units at Lost Creek and LC East; the technical and economic viability, including mineral resource estimates, and production results for Lost Creek and LC East, including as set forth in the Technical Report Summary for the project; and how recent actions in support of energy and mining by the Trump administration may affect our industry and our business and when) 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 ore 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.
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