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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0000950134-01-000254.txt : 20010123
<SEC-HEADER>0000950134-01-000254.hdr.sgml : 20010123
ACCESSION NUMBER:		0000950134-01-000254
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20010116
FILED AS OF DATE:		20010116

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			INTERNATIONAL URANIUM CORP
		CENTRAL INDEX KEY:			0001063259
		STANDARD INDUSTRIAL CLASSIFICATION:	MISCELLANEOUS METAL ORES [1090]
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		
		SEC FILE NUMBER:	000-24443
		FILM NUMBER:		1509316

	BUSINESS ADDRESS:	
		STREET 1:		1050 SEVENTEENTH STREET
		STREET 2:		SUITE 950
		CITY:			DENVER
		STATE:			CO
		ZIP:			80265
		BUSINESS PHONE:		3036287798

	MAIL ADDRESS:	
		STREET 1:		1050 SEVENTEENTH STREET
		STREET 2:		SUITE 950
		CITY:			DENVER
		STATE:			CO
		ZIP:			80265
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>d83339e6-k.txt
<DESCRIPTION>FORM 6-K
<TEXT>

<PAGE>   1


                                    FORM 6-K

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                        Report of Foreign Private Issuer
                        Pursuant to Rule 13a-16 or 15d-16
                     of the Securities Exchange Act of 1934


For the month of January 2001

                        International Uranium Corporation
                 (Translation of registrant's name into English)

    Independence Plaza, Suite 950, 1050 Seventeenth Street, Denver, CO 80265
                    (Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports
under cover Form 20-F or Form 40-F.

                  Form 20-F   X            Form 40-F
                             ---                     ---


Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

                  Yes                      No  X
                      ---                     ---

If "Yes" is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): 82- ________________.


                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.


                                              International Uranium Corporation
                                              ---------------------------------
                                                        (Registrant)

Date:  January 16, 2001                       By:  /s/  Ron F. Hochstein
       ----------------                            ----------------------------
                                                   Ron F. Hochstein, President



<PAGE>   2


                                  EXHIBIT INDEX


<TABLE>
<CAPTION>
         Exhibit Number                                Description
<S>                                                    <C>
               1                                       Press Release
</TABLE>



</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>d83339ex99-1.txt
<DESCRIPTION>PRESS RELEASE
<TEXT>

<PAGE>   1

                                                                       EXHIBIT 1

INTERNATIONAL URANIUM CORPORATION
1320-885 WEST GEORGIA STREET
VANCOUVER, BC CANADA V6C 3E8
TELEPHONE: (604) 689-7842
FAX (604) 698-4250

NEWS RELEASE

2000 YEAR END RESULTS

JANUARY 16, 2001 (IUC - TSE) ... INTERNATIONAL URANIUM CORPORATION (the
"Company") reported today that it has successfully moved forward with a new
focus on developing its uranium-bearing alternate feed recycling business.
Towards the end of the second quarter of fiscal 2000, IUC initiated a transition
away from uranium mining not only as a reflection of current and projected
uranium market conditions, but also in recognition of the potential
opportunities available for the Company in the processing/recycling industry.
With a cash position of approximately US $12 million, or just under US$0.18
(Cdn$0.27) per share, as at the end of the fiscal year, the Company is in a
strong financial position to continue to aggressively pursue this market.

Largely due to weak uranium/vanadium market conditions, the Company reported a
loss for the fiscal year ending September 30, 2000 of just over US$15.2 million,
or approximately US$0.23 (Cdn$0.34) per share. Of this loss, approximately US$11
million resulted from the write down of the carrying value of the Company's
interest in the Gurvan-Saihan Joint Venture, its in-situ leach development
project located in Mongolia, and US$1 million resulted from write downs during
the year of the Company's uranium inventory. Total revenues for the year were
US$16,060,172. Of this amount, uranium sales were US$12,810,100 and vanadium
sales totaled US$2,415,588.

The Company has now written off all of its uranium properties, and has sold all
of its uranium inventory and long term uranium contracts. The Company currently
maintains approximately 400,000 pounds of V2O5 , which it intends to sell as
vanadium prices strengthen.

During the past year the Company had several notable achievements in the
development of its alternate feed business. By far, the most significant was the
decision by the U.S. Nuclear Regulatory Commission ("NRC") to uphold the Ashland
2 license amendment. This decision effectively validated the Company's view that
the recycling of uranium-bearing materials through the White Mesa Mill is a
realistic, environmentally superior alternative to direct disposal of these
materials. Other major developments included the award to the Company of its
third FUSRAP (Formerly Utilized Sites Remedial Action Program) contract with the
U.S. government for the Linde site, near Buffalo, New York. The Ashland 1 FUSRAP
contract, which was awarded in fiscal 1999, has also grown from a projected
100,000 tons to over 145,000 tons. During 2000, the Company submitted an
additional three license amendments to the NRC for other potential alternate
feed projects.

The Company's mining operations on the Colorado Plateau and Arizona Strip remain
on a stand-by status and the Company is evaluating opportunities to sell these
operations. Other aspects of the transition strategy included reducing the
carrying costs of and placing the Mongolian development project on standby,
selling the Arizona Strip field office, reductions in the White Mesa Mill
stand-by costs, and finally, significant cutbacks in corporate overhead
expenditures.



<PAGE>   2


The Company is continuing to expand its business development and regulatory
efforts and to vigorously pursue alternate feed projects, as well as other
opportunities to diversify.

Headquartered in Denver, the Company is engaged in the business of processing
uranium-bearing materials to recover uranium and other metals as an
environmentally superior alternative to the direct disposal of those materials.

On Behalf of the Board

/s/ Ron F. Hochstein
- --------------------
Ron F. Hochstein
President





For further information, please contact:
Sophia Shane, Corporate Development (604) 689-7842
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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