Growth in world uranium inventories is slowing as the supply sector is responding to a gradual recovery in uranium demand, according to speakers at the World Nuclear Fuel Cycle (WNFC) conference held in Madrid on 18-19 April. Uranium resources remain plentiful, but the investment needed to bring resources into production depends heavily on the market, …
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 …
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 …