Uranium One’s plans to increase efficiency amid the low global prices for natural uranium.
Uranium One, operated by Russia’s Rosatom nuclear energy corporation, is studying the possibility of using an ecological and economically effective method of uranium extraction, called solution mining, at the southern Tanzanian Mkuju River mine, the company’s press service said Thursday.
“Currently, the study is at the field trials stage, which is expected to be completed in the second quarter of this year. We will be able to judge the potential for using the method after receiving the results,” the press service said.
According to the service, the method is a part of Uranium One’s efforts to increase efficiency amid the low global prices for natural uranium.
Should solution mining be proven to be commercially effective, the company may create a unique mine, where a combination of traditional and solution mining will be used.