Pandemic halts or slows work at uranium facilities

April 20, 2020, 5:53PMNuclear News

Several companies involved in the front end of the nuclear fuel cycle have announced temporary shutdowns or staffing reductions in response to the COVID-19 pandemic. While the modest increase in uranium spot prices triggered by production cuts could be a silver lining, uranium prices are still below a level that would prompt idled mines to get back in production once public health mandates are lifted.

The uranium market is global, and it should come as no surprise that a global pandemic is having an impact on facilities around the world, including in the following countries.

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