Lost Creek Feasibility Study: $244M NPV, 65.7% IRR
Ur-Energy Inc.'s Lost Creek in Wyoming, USA has a Feasibility Study outlining an after-tax NPV of $244M and an after-tax IRR of 65.7%. The mine plan runs 13 years at about 1.2 Mlbs U3O8 per year.
Ur-Energy Inc.'s Lost Creek has reported Feasibility Study results for the uranium (u3o8) project in Wyoming, USA. The study headlines an after-tax net present value of $244M at a 8% discount rate. It reflects Ur-Energy Inc.'s (URE.TO) latest disclosed economics for the asset.
Economics. The after-tax NPV is $244M using a 8% discount rate. After-tax IRR is 65.7%. All-in sustaining costs are pegged at 55 USD/lb.
Production and mine plan. The project envisions an isr (in-situ recovery) operation. Life of mine is 13 years. Average annual production is approximately 1.2 Mlbs U3O8. Average head grade is 0.048% U3O8.
Resources and ownership. The company holds a 100% interest in the project.
These figures are extracted from Ur-Energy Inc.'s technical disclosures and reflect the most recent Feasibility Study on file. Compare this project against other developers and producers in our project economics database, and always verify the numbers against the original technical report before making any investment decision.
Reserves & Resources
| Category | Tonnage | Grade | Contained |
|---|---|---|---|
| Measured & Indicated | — | 0.048% | 11.9M lbs. U3O8 |
| Inferred | — | 0.047% | 10.4M lbs. U3O8 |
Our Analysis
At 65.7% after-tax IRR, the project ranks in the top quartile of the 8 Uranium (U3O8) projects we track, and comfortably clears the ~15% after-tax return developers typically need to finance a build. The study discounts at 8%, within the standard reporting range. Its after-tax NPV is below the company's market capitalisation (roughly 0.5x, on a currency-adjusted basis) — broadly consistent with how the market currently values the company. The project is located in Wyoming, USA, a factor in its overall risk profile.
Our take, benchmarked against the project economics in the Mining Stocks database. Figures are estimates drawn from company technical reports — not investment advice; always verify against the source filing.