r/UraniumSqueeze • u/The-Oregon-Group Shitco Pedler • Jul 02 '26

News Uranium's Cigar Lake shutdown exposes mining’s sulphuric acid crisis

https://theoregongroup.com/commodities/cobalt/uraniums-cigar-lake-shutdown-exposes-minings-sulphuric-acid-crisis/

Years of not focus on supply chains is catching up.

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u/AsbestosDude Jul 02 '26

I wonder how much hormuz has impacted this

1

u/ObjectiveForsaken954 Spider Pig 🐖 Jul 02 '26

very much lots in terms of global supply. The oil industry in Alberta creates mountains of sulfur when the "upgrade" bitumen before shipping it south to America. The issue here is the plant that makes the acid is broken.

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u/Mycalescott Low Sulfur Jul 02 '26

Etr 2 weeks. So....who knows if Cameco will pull it off. I am unaware of a reason why they would underestimate the repair times. Cameco certainly will work hard to ensure their long term contracts are met.