CA - Ur-Energy gets multi-year uranium sales agreement
-
Ur-Energy ( NYSE: URG ) has signed a second multi-year uranium sales agreement with a leading nuclear fuel company.
-
The new sales agreement calls for the annual delivery of 300,000 pounds of uranium concentrates over a five-year period beginning in 2024.
-
Sales prices are anticipated to be profitable on a company-wide, all-in cost basis and are escalated annually from the initial pricing in 2024.
-
The company's total sales quantity now under contract is 500,000 pounds uranium concentrates per year beginning in 2024, plus or minus a small flex.
-
Stock trades slightly up 0.85% before-market hours
For further details see:
Ur-Energy gets multi-year uranium sales agreement