Production restarts at McArthur River/Key Lake after four-year hiatus

The first pounds of uranium ore from the McArthur River have been milled and packed at the Key Lake mill, marking the return of production from these operations that were idled four years ago due to persistent weakness in the global uranium market.

The company announced in February that it would restart production at both operations, having witnessed a notable market improvement and an increase in long-term contracting activity.