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Ur-Energy Inc T.URE

Alternate Symbol(s):  URG

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 of these projects are in the Great Divide Basin (GDB), Wyoming, including its flagship project, Lost Creek Project. It controls nearly 1,800 unpatented mining claims and three State of Wyoming mineral leases for a total of approximately 35,400 acres at its Lost Creek Property, including the Lost Creek permit area and certain adjoining projects which it refers to as LC East, LC West, LC North, LC South and EN project areas (collectively, with the Lost Creek Project, the Lost Creek Property). Its Wyoming properties together total approximately 48,000 acres and include its Shirley Basin Project.


TSX:URE - Post by User

Bullboard Posts
Post by thiggins4193on Mar 13, 2011 11:46am
244 Views
Post# 18277547

reactor was old

reactor was old

TOKYO (Reuters) - A 40-year-old nuclear reactor facing a possible meltdown in northeastern Japan was originally scheduled to go out of commission in February but had its operating license extended another 10 years.

The earthquake-stricken No. 1 reactor operated by Tokyo Electric Power Co's Fukushima Daiichi power plant is the utility's oldest atomic core.

It was originally scheduled to operate only 40 years.

But the Japanese government's Nuclear and Industrial Safety Agency approved TEPCO's application to keep it hot after inspecting the facility, according to a statement on the Ministry of Trade Economy Industry's website.

Officials worked desperately to stop fuel rods in two damaged reactors from overheating after some controlled radiation leaks into the air to relieve pressure.

The fear is that if the fuel rods do not cool, they could melt the container that houses the core, or even explode, releasing radioactive material into the wind.

The government said there might have been a partial meltdown of the fuel rods at the No. 1 reactor. Engineers were pumping in seawater, trying to prevent the same happening at the No. 3 reactor.

Of Japan's 55 operational reactors, the No. 1 reactor is the nation's third oldest and one of the first built under a policy honed through oil shocks and burgeoning economic growth to give Japan more energy independence.

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