Ur-Energy Inc. (NYSE American:URG)(TSX:URE) has gained approval from the Wyoming Department of Environmental Quality, Land Quality Division for amendments to its Lost Creek Permit to Mine. This approval allows the company to construct and operate up to six additional mine units at the LC East Project and in the HJ horizon at Lost Creek.
The amendments enable expansion of recovery activities into areas estimated to contain uranium mineral resources of 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. The Bureau of Land Management has already approved the related amendments to the Plan of Operations, and the Wyoming Uranium Recovery Program has approved necessary amendments to the Lost Creek Source and Byproduct Material License.
Ur-Energy is now awaiting final concurrence and approval of the related aquifer exemption from the U.S. Environmental Protection Agency. John Cash, Ur-Energy’s CEO and chairman, said, “Approval of these amendments is the culmination of many years of extensive environmental baseline data collection, technical analyses, public comments and regulatory review. … 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 state-level approval, Ur-Energy noted federal developments that may positively impact its operations. President Trump issued an Executive Order on April 15, 2025, launching a Section 232 investigation into the national security risks associated with U.S. reliance on imported processed critical minerals, including uranium. The Department of Commerce has 180 days to complete this investigation.
Furthermore, on April 23, 2025, the Department of Interior implemented “Emergency Permitting Procedures to Strengthen Domestic Energy Supply,” which include uranium projects aimed at expediting the review and approval of energy projects.
Littleton-based Ur-Energy operates the Lost Creek in situ recovery uranium facility in south-central Wyoming and has produced approximately 2.9 million pounds U3O8 from the site since operations began.
