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Bullboard - Stock Discussion Forum Ur-Energy Inc T.URE

Alternate Symbol(s):  URG

Energy
Ur-Energy Inc. is engaged in uranium mining, recovery and processing activities, including the acquisition, exploration, development and operation of uranium mineral properties in the United States. It is focused on uranium recovery and processing operations, in addition to the exploration for and development of uranium mineral properties. Its land portfolio in Wyoming includes 12 projects. 10... see more

TSX:URE - Post Discussion

Ur-Energy Inc > Ur-Energy, Hedging the uranium supply
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Post by VTR1000 on Mar 16, 2022 11:36am

Ur-Energy, Hedging the uranium supply

The big question right now is what will Putin do next? Last week U.S President Biden banned Russian oil and gas imports. Will Russia respond by banning uranium exports to the USA? That would certainly cause a huge drama given that Russia largely controls the uranium market (41% of supply from Kazakhstan, 6% from Russia) and the USA’s dependence on uranium to power 19% of the electricity grid and a significant part of its navy which is nuclear powered.
Ur-Energy, Hedging the uranium supply against the chaos of war (investorintel.com)
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