Port Hope Conversion Services

Licensed Capacity: 12.5m kgU of UF6 Licensed Capacity: 2.8m kgU of UO2 Licensed Renewal: February 2017
North America map showing location of Port Hope conversion facility

Port Hope is the only uranium conversion facility in Canada and a supplier of UO2 for Canadian-made CANDU reactors.

Location Ontario, Canada
Ownership 100%
End product UF6, UO2
ISO certification ISO 14001 certified
Licensed capacity 12.5 million kgU as UF6 per year
2.8 million kgU as UO2 per year
Licence term Through February, 2017
Estimated decommissioning cost $102 million (an updated estimate is currently under regulatory review)

2015 update


Fuel services produced 9.7 million kgU, 16% lower than 2014. This was a result of our decision to decrease production in response to weak market conditions and the termination of our toll milling agreement with SFL in 2014.

Port Hope conversion facility cleanup and modernization (Vision in Motion)

The Vision in Motion project is currently in the feasibility stage and will continue with the CNSC licensing process in 2016, which is required to advance the project.

Labour relations

Approximately 100 unionized employees at Cameco Fuel Manufacturing Inc.’s operations in Port Hope and Cobourg, Ontario accepted a new collective bargaining agreement in the second quarter of 2015. The employees, represented by the United Steelworkers local 14193, agreed to a three-year contract that includes a 7% wage increase over the term of the agreement. The previous contract expired on June 1, 2015.

Planning for the future


We have decreased our production target for 2016 to between 8 million and 9 million kgU in response to the continued weak market conditions.

Labour relations

The current collective bargaining agreement for our unionized employees at the Port Hope conversion facility expires on June 30, 2016. We will commence the bargaining process in early 2016.


The current operating licence for the Port Hope conversion facility expires in February 2017. The CNSC relicensing process will take place in 2016.

Managing our risks

We also manage the risks listed here.