URANIUM PROCESSING: Cameco suspends Port Hope output

ONTARIO — Cameco Corp. of Saskatoon has suspended uranium hexafluoride (UF6) production at its Port Hope plan...

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ONTARIOCameco Corp. of Saskatoon has suspended uranium hexafluoride (UF6) production at its Port Hope plant. The company will meet its contracted deliveries to customers in the first half of 2009.

 

A contract dispute between Cameco and its sole supplier of hydrofluoric acid (HF) has resulted in unreliable and expensive deliveries of this material necessary for the production of UF6. The dispute remains unresolved and Cameco has exhausted the inventory of HF it had purchased on a spot basis. Cameco is in discussions to broaden its sources of HF while at the same time seeking to resolve the dispute with the current supplier.

 

Cameco's Port Hope plant is the only uranium conversion facility in Canada and one of only four in the western world. Learn more at www.Cameco.com.

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