Date: 7 months ago   Category: Energy

The subsidiary of Rosatom has stopped extraction of uranium on the Willow Creek mine in the USA — Rambler News Service


Photo: Evgeny of Epanchintsev/RIA Novosti the Uranium One Company (enters into Rosatom state corporation) has stopped extraction of uranium on the Willow Creek mine in the USA and has transferred him to conservation regime, it is told in the materials Uranium One. Production has been stopped on July 9, 2018. "on July 9, 2018 the issuer has stopped production on the Willow Creek mine within transfer of an object to conservation regime" — the company notes. As explains Uranium One, in view of the low prices of uranium of work on drilling of new wells and to arrangement of geotechnological grounds in 2017 and 2018 on the mine weren't carried out. In the first half of the year 2018 on the mine 9 tons of uranium from which 100% fell to the share of corporation have been received. The company also specifies that in January, 2018 two uranium mining companies from the USA — UR-Energy Inc. and Energy Fuels Inc. — have submitted the petition to the U.S. Department of Commerce with a request to establish whether considerable volumes of import of uranium are threat of national security of the USA. In July, 2018 the United States Secretary of Commerce has said that the petition has been taken cognizance and investigation with the purpose to find out whether the current volumes and circumstances of import of uranium ores and production in the USA threaten national security of the country has been begun. Investigation covers all production phases of uranium — from extraction of ore and enrichment before use in the defensive and industrial purposes. If as a result of investigation the U.S. Department of Commerce comes to a conclusion that the risk of threat to security exists, and will introduce restrictions for import, it can influence sales of the uranium delivered from Uranium One joint ventures in Kazakhstan in the market of the USA. The Willow Creek mine has been put into commercial operation on May 1, 2012. The current design capacity of the Willow Creek mine is 500 tons of uranium a year.

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