Ur-Energy Inc. reported operational results for fourth quarter and year-ended December 31, 2018. For the quarter, 48,304 pounds of U3O8 were captured within the Lost Creek plant, 53,654 pounds of U3O8 were packaged in drums and 67,040 pounds of U3O8 drummed inventory were shipped out of the Lost Creek processing plant.

For the year to date, 302,200 pounds of U3O8 were captured within the Lost Creek plant; 286,400 pounds U3O8 were packaged in dried and drummed.

In 2018, sales totaled $23.5 million from 480,000 pounds sold. A total of 10,000 pounds were sold from Lost Creek production.

In 2019, The company expects to deliver 500,000 pounds into the company term contracts at an average price of approximately $49 per pound. Gross profits are expected to generate approximately $11.5 million from the sale of purchased product. 97,500 pounds are scheduled to be sold in First Quarter 2019.