https://www.ur-energy.com/news-media/press-releases/detail/339/ur-energy-announces-additional-sales-commitments-success
Ur-Energy is also pleased to announce that the National Nuclear Security Administration ("NNSA"), a semi-autonomous agency of the Department of Energy, has awarded the Company, through its wholly owned subsidiary Lost Creek ISR, LLC, a contract to sell 100,000 pounds of domestically produced U3O8 to the national Uranium Reserve at a sales price of $64.47 per pound. Ur-Energy will provide the material for this one-time purchase from its existing U.S. produced inventory of 324,000 pounds.
Total revenue of $6,447,000 will be realized in March 2023 after the material is delivered to the NNSA. The strong price of the sale is an indication of the value of domestically produced uranium compared to published global prices and is likely an indication that domestic inventories are in short supply.