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Category: Inventory Levels

Nuclear power: Uranium shipments hold up, but blip in generation

By SightlineU3O8   Posted in Inventory Levels U
Posted on February 7, 2018February 7, 2018

Over 1,900 metric tonnes (MT) of uranium ore concentrate has been shipped into India from Kazakhstan and Canada during the first nine months of the current fiscal, which is nearly 80 per cent of the record 2,419 MT that was imported in the previous fiscal. While the supplies holding up is positive trend, coming alongside …

Cameco begins layoffs at two uranium operations

By SightlineU3O8   Posted in Inventory Levels U
Posted on February 1, 2018February 6, 2018

The last of 845 employees facing a 10-month layoff at two uranium operations in northern Saskatchewan will have worked their last shift by the weekend. Cameco announced the shutdown at its Key Lake mill and McArthur River mine in November. Only care and maintenance crew will remain. The company says it has finalized a plan …

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