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US-focused uranium junior Ur-Energy is implementing further cost-cutting initiatives in the wake of an inconclusive outcome of the Section 232 review it petitioned for with rival Energy Fuels.
Ur-Energy has laid off 10 employees at its Lost Creek ISR operation in south-central Wyoming, USA
The respective Wyoming and Colorado-based companies last year approached the Trump administration with a petition for Section 232 trade action to implement domestic quotas, but the president in July
Low cost US uranium projects well placed for demand for secure supply
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