John Cash of Ur-Energy discusses the growth in price and demand for uranium as an ESG power source
In this InvestorIntel interview with host Tracy Weslosky, Ur-Energy Inc.‘s (NYSE American: URG | TSX: URE) CEO John Cash talks about the ongoing uranium bull market in spite of near-term geopolitical volatility.
In the interview, which can also be viewed in full on the InvestorIntel YouTube channel (click here), John discusses the expectation of tremendous growth in the uranium industry as Europe and Asia move to a greater reliance on nuclear energy for domestic and carbon-free power needs. At present, John points out in the interview, the USA receives about 50% of its uranium from Russia and its satellite countries, which has so far not been affected by sanctions, but may see increased pressure to limit its importation. As arguably the only pure uranium play in the United States, he talks about how Ur-Energy is well positioned to feed domestic supply needs.
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About Ur-Energy Inc.
Ur-Energy is a uranium mining company operating the Lost Creek in-situ recovery uranium facility in south-central Wyoming. We have produced, packaged, and shipped approximately 2.6 million pounds U3O8 from Lost Creek since the commencement of operations. Ur-Energy now 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 in the process of obtaining remaining amendments to Lost Creek authorizations for expansion of Lost Creek. Ur‑Energy is engaged in uranium 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 located in Littleton, Colorado and its registered office is located in Ottawa, Ontario.
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This presentation may contain “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements are based on the opinions and assumptions of the management of the Company as of the date made. They are inherently susceptible to uncertainty and other factors that could cause actual events/results to differ materially from these forward-looking statements. Additional risks and uncertainties, including those that the Company does not know about now or that it currently deems immaterial, may also adversely affect the Company’s business or any investment therein.
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