There has been no announced decision regarding trade measures under Article 232 regarding uranium



[ad_1]

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Denver, July 12, 2019 / PRNewswire / –& nbsp; Ur-Energy Inc. (US NYSE: URG; TSX: URE) ("Ur-Energy") and Energy Fuels Inc. (US NYSE: UUUU; TSX: EFR) ("Energy Fuels") confirm that they are not aware of any decision of the White House regarding the investigation by the US Department of Commerce ("DOC") on the effects of uranium imports on the national security of the United States. "data-reactid =" 11 ">Denver, July 12, 2019 / PRNewswire / – Ur-Energy Inc. (US NYSE: URG; TSX: URE) ("Ur-Energy") and Energy Fuels Inc. (US NYSE: UUUU; TSX: EFR) ("Energy Fuels") confirm that they are not aware of any decision of the White House regarding the investigation by the US Department of Commerce ("DOC") on the effects of uranium imports on the national security of the United States.

Ur-Energy. (PRNewsFoto / Ur-Energy Inc.) (PRNewsfoto / Ur-Energy Inc.)

Several reports provided conflicting information regarding a ruling by the President on the request for the Uranium Section 232 petition. Since this morning, neither the White House nor the DOC informed us that a decision had been made. Once the decision is made public by the Administration, we will communicate the information through a joint press release.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The survey was opened on the basis of A petition DOC submitted the report of its investigation to the White House on November 4. April 14, 2019. The legal deadline of 90 days for the decision of the president is: July 13, 2019. "data-reactid =" 33 "> The investigation was initiated on the basis of a petition filed by Ur-Energy and Energy Fuels. The DOC presented the report of its investigation to the White House on April 14, 2019. The legal deadline of 90 days for the decision of the president is: July 13, 2019.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "About energy fuels: Energy Fuels is a leading US company in the mining of uranium, providing3O8 to large nuclear companies. Its offices are in Denver, Coloradoand all his assets and employees are in the west United States. Energy Fuels owns three of the largest uranium production centers in the United States, the White Mesa plant in Utah, the Nichols Ranch treatment plant in Wyomingand the Alta Mesa project of Texas. White Mesa Mill is the only conventional uranium mill operating in the United States with an authorized capacity of more than 8 million pounds3O8 per year. Nichols Ranch Processing Facility is an in-situ recovery facility with an authorized capacity of 2 million pounds3O8 per year. Alta Mesa is an in situ recovery production center with an authorized capacity of 1.5 million pounds U3O8 per year, which is currently under care and maintenance due to low uranium prices. Energy Fuels also owns the largest portfolio of uranium resources in the United States among producers and uranium mining projects located in several states in the western United States, including a project in situ recovery, standby mines and mineral properties at different stages of development. Energy Fuels also produces vanadium as a co-product of its uranium production from some of its mines on the Colorado Plateau, depending on market conditions. The principal market for Energy Fuels' common shares is NYSE American, under the symbol "UUUU", and the common shares of the Company are also listed on the Toronto Stock Exchange under the symbol "EFR". The Energy Fuels website is www.energyfuels.com. "data-reactid =" 34 ">About energy fuels: Energy Fuels is a leading US company in the mining of uranium, providing3O8 to large nuclear companies. Its offices are in Denver, Coloradoand all his assets and employees are in the west United States. Energy Fuels owns three of the largest uranium production centers in the United States, the White Mesa plant in Utah, the Nichols Ranch treatment plant in Wyomingand the Alta Mesa project of Texas. White Mesa Mill is the only conventional uranium mill operating in the United States with an authorized capacity of more than 8 million pounds3O8 per year. Nichols Ranch Processing Facility is an in-situ recovery facility with an authorized capacity of 2 million pounds3O8 per year. Alta Mesa is an in situ recovery production center with an authorized capacity of 1.5 million pounds U3O8 per year, which is currently under care and maintenance due to low uranium prices. Energy Fuels also owns the largest portfolio of uranium resources in the United States among producers and uranium mining projects located in several states in the western United States, including a project in situ recovery, standby mines and mineral properties at different stages of development. Energy Fuels also produces vanadium as a co-product of its uranium production from some of its mines on the Colorado Plateau, depending on market conditions. The principal market for Energy Fuels' common shares is NYSE American, under the symbol "UUUU", and the common shares of the Company are also listed on the Toronto Stock Exchange under the symbol "EFR". The Energy Fuels website is www.energyfuels.com.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "About Ur-Energy:& nbsp;Ur-Energy is a US uranium mining company with central and operational offices in Denver, Colorado and Casper, Wyoming. Ur-Energy exploits Lost Creek in situ uranium recovery facility in south-central Wyoming. Ur-Energy has produced, packaged and shipped more than 2.5 million pounds of Lost Creek since the beginning of its operations. Various organizations are currently reviewing applications for integration of the LC East project area into Lost Creek permits, construction of & nbsp; and & nbsp; exploitation & nbsp; on & nbsp; our & nbsp; Shirley Basin & nbsp;. Ur-Energy is engaged in the extraction, recovery and processing of uranium in the United States, including the acquisition, exploration, development and operation of uranium mineral properties. The main market for Ur-Energy's common stock is the NYSE American under the symbol "URG"; Ur-Energy's common shares are also traded on the Toronto Stock Exchange under the symbol "URE". The Ur-Energy website is www.ur-energy.com.& nbsp;"data-reactid =" 35 ">About Ur-Energy: Ur-Energy is a US uranium mining company with central and operational offices in Denver, Colorado and Casper, Wyoming. Ur-Energy exploits Lost Creek in situ uranium recovery facility in south-central Wyoming. Ur-Energy has produced, packaged and shipped more than 2.5 million pounds of Lost Creek since the beginning of its operations. Various organizations are currently reviewing applications for the integration of the LC East project area into the Lost Creek licenses, as well as the construction and operation of our Shirley Basin project.. Ur-Energy is engaged in the extraction, recovery and processing of uranium in the United States, including the acquisition, exploration, development and operation of uranium mineral properties. The main market for Ur-Energy's common stock is the NYSE American under the symbol "URG"; Ur-Energy's common shares are also traded on the Toronto Stock Exchange under the symbol "URE". The Ur-Energy website is www.ur-energy.com.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Caution regarding forward-looking statements: Some information contained in this statement, including all information regarding: the timing and results of the Chairman's review of the DOC report on the effects of uranium imports on national security; and any other statement regarding the expectations, beliefs, objectives and future prospects of Energy Fuels or Ur-Energy; are forward-looking information within the meaning of applicable securities legislation (collectively, "forward-looking statements"). All statements in this press release that are not statements of fact history (including statements containing the words "expects to", "does not expect to", "provides", " provides "," does not provide "," believes "," intends "" estimates "," projects "," potential "," planned "," forecasts "," budget "and similar expressions) These forward-looking statements are subject to important risk factors and uncertainties, many of which are beyond the control or forecasting power of Energy Fuels and Ur-Energy. A number of important factors may cause actual results or events to differ materially from those indicated or implied in such forward-looking statements, including, without limitation, factors regarding: the timing of and the outcome of the review by the President of the report the DOC on the effects of uranium imports on national security; and other risk factors as described in the most recent annual reports on Form 10-K and in the quarterly financial reports of Energy Fuels and Ur-Energy. Energy Fuels and Ur-Energy assume no obligation to update the information contained in this communication, except as required by law. Additional information identifying risks and uncertainties can be found in the documents filed by Energy Fuels and Ur-Energy with the various securities commissions and available online at the following address: www.sec.gov and www.sedar.com. The purpose of the forward-looking statements is to provide information on expectations, beliefs and plans for the management of energy and Ur-Energy fuels in the future. Readers are cautioned that such statements may not be appropriate for other purposes. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date indicated."data-reactid =" 40 ">Caution regarding forward-looking statements: Some information contained in this statement, including all information regarding: the timing and results of the Chairman's review of the DOC report on the effects of uranium imports on national security; and any other statement regarding the expectations, beliefs, objectives and future prospects of Energy Fuels or Ur-Energy; are forward-looking information within the meaning of applicable securities legislation (collectively, "forward-looking statements"). All statements in this press release that are not statements of fact history (including statements containing the words "expects to", "does not expect to", "provides", " provides "," does not provide "," believes "," intends "" estimates "," projects "," potential "," planned "," forecasts "," budget "and similar expressions) These forward-looking statements are subject to important risk factors and uncertainties, many of which are beyond the control or forecasting power of Energy Fuels and Ur-Energy. A number of important factors may cause actual results or events to differ materially from those indicated or implied in such forward-looking statements, including, without limitation, factors regarding: the timing of and the outcome of the review by the President of the report the DOC on the effects of uranium imports on national security; and other risk factors as described in the most recent annual reports on Form 10-K and in the quarterly financial reports of Energy Fuels and Ur-Energy. Energy Fuels and Ur-Energy assume no obligation to update the information contained in this communication, except as required by law. Additional information identifying risks and uncertainties can be found in the documents filed by Energy Fuels and Ur-Energy with the various securities commissions, available online at www.sec.gov and www.sedar.com. The purpose of the forward-looking statements is to provide information on expectations, beliefs and plans for the management of energy and Ur-Energy fuels in the future. Readers are cautioned that such statements may not be appropriate for other purposes. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date indicated.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "For more information, please contact:"data-reactid =" 41 ">For more information, please contact:

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Karen Heinold
[email protected]
202.379.6358"data-reactid =" 42 ">Karen Heinold
[email protected]
202.379.6358

Energy Fuels Inc. logo

<p class = "web-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "View original content to download multimedia:http://www.prnewswire.com/news-releases/there-has-been-no-announce-decision-with-respect-to-the-uranium-section-232-trade-action-300884206.html"data-reactid =" 74 "> View original content for multimedia download: http: //www.prnewswire.com/news-releases/there-has-been-no-announce-decision-with-respect-to-the – uranium-section-232-trade-action-300884206.html

[ad_2]

Source link