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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.