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Uranium production project receives environmental statement
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Aug 17, 2012

Ur-Energy Inc. (TSX: URE, NYSE: URG) said that the Bureau of Land Management (BLM) Rawlins Field Office has released the Final Environmental Impact Statement (FEIS) for the proposed Lost Creek uranium in situ recovery project in Sweetwater County, Wyo.
BLM has selected the Drying Yellowcake On-Site Alternative as the preferred alternative in the FEIS, which involves drying the uranium oxide into a solid yellowcake product. Housing the drying-packaging facility within the processing plant will reduce shipments from the site, resulting in fewer transportation-related impacts and better air quality.
The Lost Creek Project will be fully authorized for construction with the receipt of the BLM Record of Decision, which will be signed after the FEIS period closes 30 days from Aug. 17. The NRC issued Lost Creek ISR LLC a license in August 2011. The Wyoming Department of Environmental Quality issued a permit to mine in October 2011. The project also has an EPA-approved aquifer exemption for injection into the mining zones and a permit for the construction and operation of Class I injection wells for the disposal of excess water.
First production is expected in late spring or early summer of 2013.