Ur-Energy cuts costs after Trump declines to set uranium output quotas 8:16am EDT [Reuters]
Ur Energy Inc Common Shares (Canada) (URG)
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Source: Reuters
Ur-Energy cuts costs after Trump declines to set uranium output quotas - Reuters 2 Min Read (Reuters) - Uranium miner Ur-Energy Inc said on Tuesday it was forced to cut jobs and curb spending, following President Donald Trump’s decision last month to not set quotas for domestic production. Trump declined to issue quotas for domestic uranium production in July and instead ordered a 90-day governmental review, saying he did not concur with a Commerce Department investigation that found uranium imports threaten to impair U.S. national security. Trump had also ordered a deeper review by the U.S. Nuclear Fuel Working Group, with input from several government agencies. U.S. uranium mining firms, as well as more than two dozen western state lawmakers, have argued that nuclear generators rely heavily on adversaries such as Russia, China and Kazakhstan for uranium supply from their state-owned companies, who flood the market. Petitions from Colorado-based Energy Fuels Inc and Ur-Energy had sou
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URG
News
- Ur Energy (URG) Reports Q3 Loss, Lags Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- Ur-Energy Releases 2024 Q3 Results [Yahoo! Finance]Yahoo! Finance
- Ur-Energy Releases 2024 Q3 ResultsAccesswire
- Ur-Energy Congratulates Constellation on Its Power Purchase Agreement with Microsoft [Yahoo! Finance]Yahoo! Finance
- Ur-Energy Congratulates Constellation on Its Power Purchase Agreement with MicrosoftAccesswire
URG
Earnings
- 5/6/24 - Miss
URG
Sec Filings
- 11/8/24 - Form SC
- 11/8/24 - Form 8-K
- 11/6/24 - Form 10-Q
- URG's page on the SEC website