AngloGold Planning to Increase Production of Uranium, Business Day Reports

AngloGold Ashanti Ltd. is working on technology to release 80 million pounds of uranium from mine dumps, Business Day reported, citing Robbie Lazare, executive vice-president of the company’s South African operations.

In the “short term,” the company aims to boost uranium output to 2 million pounds a year from 1.3 million pounds, the Johannesburg-based newspaper said today. AngloGold could produce as much as 1.4 million pounds of the nuclear fuel this year, Business Day said.

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