COVID-19 Shuts Down Over 50% of the World’s Uranium Production
In the recent weeks, there have been four major uranium mine closures/production cuts due to the COVID-19 pandemic. This drop totals approximately 2,500 tU/month or 55% of global production. Currently, remaining production accounts for only 35% of global demand!
- Cigar Lake: view announcement here.
- Husab Mine: view announcement here.
- Rossing Mine: view announcement here.
- Kazatomprom: view announcement here.
