Ur-Energy Inc. Announces Production Results for the Fourth Quarter and Full Year Ended December 31, 2018; Provides Production Guidance for the Fiscal 2019
For the year, the company reported pounds captured of 302,164 lb, pounds drummed of 286,358 lb, pounds shipped to conversion facility of 287,873 lb, pounds purchased of 470,000 lb.
The company expects to sell 500,000 pounds under term contracts at an average price of approximately USD 49 per pound in 2019. The company has corresponding purchase contracts in place for all 500,000 pounds at an average cost of approximately USD 26 per pound.