Uranium & Fuel

Finland / Terrafame Gets Go-Ahead To Become EU’s Only Uranium Producer

By David Dalton
7 February 2020

Terrafame Gets Go-Ahead To Become EU’s Only Uranium Producer
The Finnish government has given its approval for state-owned Terrafame to extract and refine uranium in eastern Finland, paving the way for the country to become the European Union’s only uranium producer.Terrafame is backed by commodities house Trafigura. It plans to produce uranium at a mine in the Kainuu region that has been producing nickel and other metals for batteries for years.

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