Ur-Energy Inc. completed the first shipment of uranium from its Shirley Basin mine to the company's Lost Creek processing plant in Wyoming on August 19, 2026. The Casper, Wyoming producer announced the milestone the following morning.
Shirley Basin is the company's second uranium in-situ recovery operation in Wyoming. It carries licensed wellfield and toll processing capacity of up to 2.0 million pounds of U3O8 equivalent. Initial mining began at the site in April 2026, and the State of Wyoming Department of Environmental Quality granted final authorization to advance to full operations in late June 2026.
President and Chief Executive Officer Matt Gili said Shirley Basin "moved from construction decision to production in just two and a half years."
The site runs as a satellite of the Lost Creek hub operation in south-central Wyoming. Lost Creek is home to the largest operating in-situ recovery mine in the United States and has processed and shipped more than 3.5 million pounds of U3O8 to the conversion facility for delivery to customers. Together the two properties hold combined annual licensed production and toll-processing capacity of 4.2 million pounds of U3O8.
The hub-and-spoke structure routes material from satellite wellfields to a single central plant. Ur-Energy said the approach avoids duplicative infrastructure, improves capital efficiency, and can be scaled at an accelerated pace across the Great Divide Basin uranium district.
With shipments from Shirley Basin underway, the company said it will execute on a ramp-up to full commercial production levels while advancing other growth projects in the district.
Ur-Energy shares trade on the NYSE American under the symbol URG and on the Toronto Stock Exchange under URE. The company reported second quarter 2026 results on August 10.
Source: StockTitan - https://www.stocktitan.net/news/URG/ur-energy-announces-first-shipment-of-uranium-from-shirley-basin-syeykqds3i3w.html