Ur-Energy Reports Q2 2025 Results and Secures New Uranium Supply Contract

Ur-Energy Inc., a uranium mining company based in Littleton, CO, has announced its financial results for the second quarter of 2025, highlighting significant progress in uranium production and sales. The company reported a 35% increase in U3O8 packaging over the first quarter, totaling 112,033 pounds. In addition, Ur-Energy successfully secured its eighth uranium sales agreement, ensuring delivery of 100,000 pounds per year from 2028 through 2030 at favorable fixed prices.

The second quarter saw the company sell 165,000 pounds of U3O8, generating a gross profit of $1.9 million. The cost per produced pound decreased notably, marking a significant improvement in production efficiency. The cash profit margin improved to 36% compared to 19% in Q4 2024. While operations and investments led to a cash decrease, the company maintained $49.1 million in cash as of July 31, 2025.

Ur-Energy's President, Matthew Gili, noted the progress in the Lost Creek ramp-up and the strategic positioning for future growth. The company plans further exploration in the Great Divide Basin. With ample capacity till 2033 left uncontracted, opportunities for additional market advantages remain open.