Refining
Blind River refinery
Blind River is the world’s largest commercial uranium refinery, refining uranium concentrates from mines around the world into UO3.
| Location | Ontario, Canada |
| Ownership | 100% |
| End product | UO3 |
| ISO certification | ISO 14001 certified |
| Licensed capacity | 24 million kgU as UO3 per year (subject to the completion of certain equipment upgrades) |
| Estimated decommissioning cost | $39 million |
2012 Update
Production
Our Blind River refinery produced 13.1 million kgU of UO3 this year, enabling our conversion business to achieve its production targets.
Licensing
In February, the Canadian Nuclear Safety Commission granted a 10-year operating licence for the Blind River refinery. In addition to the new operating licence, the annual licensed production capacity was increased from 18 million kgU as UO3 to 24 million kgU as UO3 subject to the completion of certain equipment upgrades.
Managing Our Risks
We manage the risks listed here.