URRE Profile
Uranium Resources, Inc. (URRE) is a uranium exploration and development company that focuses on the acquisition, exploration, and development of uranium properties in the United States. The company's main assets are its uranium properties located in New Mexico, including the Churchrock and Crownpoint projects. Uranium Resources also owns exploration properties in Arizona, Colorado, and Wyoming.
The company's strategy is to focus on advancing the development of its projects while also seeking out new exploration opportunities. The Churchrock and Crownpoint projects are both located in the Grants Mineral Belt in New Mexico, which is known for its significant uranium deposits. The company is working to advance these projects through exploration and development activities, with the ultimate goal of becoming a leading uranium producer in the United States.
Uranium Resources has also been working to establish strategic partnerships and joint ventures to help advance its projects. In 2018, the company announced a joint venture with Cameco Corporation to explore and develop its Churchrock and Crownpoint projects. The partnership provides Uranium Resources with additional resources and expertise to help advance the projects and move closer to production.
Overall, Uranium Resources is focused on developing a portfolio of high-quality uranium assets that can provide the company with a strong foundation for growth in the coming years. While the uranium market can be volatile, the company believes that the long-term fundamentals for the industry remain strong, and it is positioning itself to take advantage of future opportunities in the sector.
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