Worldwide Uranium Production Set to Register 3.1% Recovery in 2021
Figures show that the global production of uranium will recover by more than 3% this year, owing to the resumption of operations at Canada’s Cigar Lake mine as well as other mines that were suspended last year. In addition, while the mineral’s production in Australia will continue to decrease because of the halt in operations at the Ranger mine, Russia and Kazakhstan will record significant increases in their output. In the recent past, international production has been limited, primarily because of a slow uranium market, which was affected by the coronavirus pandemic. Last year, global uranium production decreased by more…