Ur-Energy Inc. announced the successful startup of production flow from Header House 2-4 at Lost CreekIn Situ Uranium Facility in Sweetwater County, Wyoming. Production rates will continue to increase as additional header houses in Mine Unit 2 come online this year. Lost Creek production inventory will be sold into remaining 2023 contract book of 180,000 pounds U3O8 in the second half of the year.

Beginning in 2024, the Company's total sales quantity under contract is 600,000 pounds U3O 8 annually, plus or minus a small, optional flex. The company also announced that construction of Casper, Wyoming centralized services facility, shown below, is complete and will facilitate full laboratory and construction services for each of mining projects. The centralized location will allow for reduced drive times and improved safety for employees while reducing operating costs and increasing efficiencies.