Ur-Energy's Q2 2026 Results: Steady Growth in Uranium Production

Ur-Energy Inc., the leading U.S. ISR uranium producer, reported significant growth in the second quarter of 2026. The company processed a record 140,873 pounds of U₃O₈, reflecting a quarterly increase of 47.4%. Shipments also rose, with 149,747 pounds delivered, indicating a 44.0% increase from the previous quarter.

The company maintained low production costs at $40.20 per pound while generating $14.4 million from contracted sales of 215,000 pounds. Cash reserves stood strong at $95.3 million. At Lost Creek, development continues with enhanced infrastructure, and the successful regulatory approval allows full operations at Shirley Basin.

Exploration at Lost Creek South and Lost Soldier highlights Ur-Energy’s potential for expansion. With increasing production and strategic deferrals, the company aims to deliver one million pounds by year-end. The results underscore Ur-Energy’s position as a fast-growing uranium producer.