Uranium One Inc. Uranium Production Increased by 45% in 2011
OREANDA-NEWS. January 18, 2012. Canada based uranium mining company Uranium One Inc. disclosed its production and business performance data for 2011. Attributable production by Uranium One Inc. in 2011 increased by approximately 45% to a record of 10.7 million pounds of U3O8 (approximately 4.12 thousand tons of uranium), compared to 7.4 million pounds of U3O8 (approximately 2.85 thousand tons of uranium) produced in 2010.
Attributable sales volume for the full year 2011 amounted to 9.9 million pounds of U3O8 (approximately 3.8 thousand tons of uranium), representing a 43% increase compared to 2010 sales volume of 6.9 million pounds of U3O8 (approximately 2.65 thousand tons of uranium).
51.4% of Uranium One Inc. shares are owned by ARMZ Uranium Holding Co.
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