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Lowest production in 16 years – uranium in Australia

bull-uncertain-uraniumLowest Australian uranium production for 16 years, World Nuclear Association 23 Jan 15  Due to the shutdown of ERA’s Ranger plant to June, and despite the rich Four-Mile deposit coming on line, Australia’s uranium production in 2014 at 5897 tonnes U3O8 (5000 tU) was the lowest since 1998. Two thirds of it was from Olympic Dam, where uranium is a by-product of copper.  Production from Four Mile is recovered at the Beverley plant, replacing output from that mine at about double the level. http://us1.campaign-archive1.com/?u=140c559a3b34d23ff7c6b48b9&id=e08ac096b6&e=ae5ca458a0

January 24, 2015 - Posted by | AUSTRALIA, business and costs, Uranium

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