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Port Hope Conversion Facility

conversion Canada operating
Capacity
12,500tU/yr as UF6

Port Hope Conversion Facility is a conversion facility operated by Cameco Corporation in Canada. It has a capacity of 12,500 tU/yr as UF6 as of 2022, about 20% of world conversion capacity.

The only conversion plant in Canada and the only one in the world that also produces uranium dioxide for CANDU fuel, on the same site. UF6 output feeds enrichers worldwide; the UO2 line feeds Cameco's own CANDU fabrication, which needs no enrichment at all.

Facility
StageConversion
OperatorCameco Corporation
CountryCanada
Capacity 12,500tU/yr as UF6
Figure applies to2022
Statusoperating
Commissionednot stated
Coordinates43.9500, -78.2833
Position in the chain

This facility is about 20% of world conversion capacity (62,000 tU/yr as UF6, 2022).

Cameco Corporation also operates:

Other conversion facilities

FacilityCapacityStatus
Malvési and Philippe Coste (Tricastin) 15,000tU/yr as UF6 operating
Siberian Chemical Combine, Seversk 12,500tU/yr as UF6 operating
Metropolis Works 7,000tU/yr as UF6 operating
Lanzhou conversion plant 5,000tU/yr as UF6 operating
Hengyang conversion plant 3,000tU/yr as UF6 operating
Elektrostal (Elemash) reprocessed uranium conversion 700tU/yr as UF6 operating
Diwopu (Jiuquan) 500tU/yr as UF6 operating
Isfahan Uranium Conversion Facility 200tU/yr as UF6 uncertain
Springfields conversion line not disclosed shut down

At the market indicator. 12,500 tU/yr of nameplate capacity, valued at US$ 65.00 per kgU spot, comes to roughly US$ 813 million a year, or US$ 694 million at the long-term indicator. Treat both as scale, not revenue: most volume moves under contracts signed years earlier at prices neither figure reflects, and nothing here is netted against the cost of producing it. The indicators, and forty years of history behind them, are on fuel market prices.

Sources

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