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Story perspectives

Cameco Cuts Uranium Output Amid Production Challenges

8/30/2025

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Story summary
  • Cameco Corp will produce 14-15 million pounds of uranium concentrate from the McArthur River mine in 2025, reduced from 18 million pounds.
  • Risks include development delays, ground freezing timing, and access to skilled labor.
  • Strong performance at the Cigar Lake mine may mitigate production losses.