Cameco Restarts Production at Ontario Operations
The workforce situation has now stabilized, providing Cameco with increased certainty around the availability of necessary personnel to operate the UF6 plant. With the appropriate conditions currently in place to resume normal operations, the company said it decided to return both the plant and the refinery to production. “The provinces and communities where we operate are certainly not out of the woods when it comes to this global pandemic, and we must remain vigilant in how we manage our activities during these challenging times,” Cameco President and CEO Tim Gitzel said. “However, we are confident that we can maintain the required roster of qualified operators to run the UF6 plant going forward, enabling us to carefully bring the plant and the UO3 refinery back into production.”
Given the evolving nature of the COVID-19 situation and the number of moving pieces, on April 13, Cameco withdrew its 2020 outlook for its fuel services division, including production. While the two Ontario facilities return to production, there is no change in the status of Cameco’s Cigar Lake uranium mine.