Ur-Energy 'stands ready' to meet demand for uranium
Provided By TheNewswire.com
Last update: Apr 10, 2023
Ur-Energy Inc. (TSX:URE, NYSE:URG) CEO John Cash speaks to Proactive about the uranium mining company's return to production at its site in south-central Wyoming, USA, following a break of several years while the uranium prices were temporarily uneconomical.
Cash says that Ur-Energy "stands ready" to meet rising demand for uranium, and has secured long-term contracts at premiums to prevailing values while also leaving the door open to any sudden increase in spot prices caused by geopolitical or macroeconomic factors.
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