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In the province of Ontario, Cameco operates a uranium refinery in Blind River and a uranium conversion facility in Port Hope, which has faced opposition from some community groups. [13] [14] Cameco is the exclusive fuel supplier to Bruce Power, which supplies 30% of Ontario's electricity through its nuclear generating plant. [15]
On top of all this, Cameco did its industry no favors this morning by announcing that its Inkai joint venture with Kazakhstan's national atomic energy company Kazatomprom is resuming uranium ...
Cameco is banking on strong uranium prices. Cameco is one of the largest uranium producers in the world. As the AI boom drives demand for energy production and more reactors come online Cameco ...
Shares in uranium, nuclear fuels, and nuclear operating plant services company Cameco Corporation (NYSE: CCJ) powered higher by 15.2% in November, according to data provided by S&P Global Market ...
The mine is owned by Cameco (70%), and Orano Canada (30%) (formerly Areva Resources Canada, formerly COGEMA Resources Inc.) Cameco is the mine operator. In 2012, McArthur River was the world's largest producing uranium mine, accounting for 13% of world mine production. [1] Canada, as a whole, produces 15% of the world's uranium production.
Inkai is a uranium mine located in Kazakhstan. Commercial production commenced in 2009, with the main processing plant being commissioned in 2010. [2] Inkai is a roll-front uranium deposit discovered in 1976. Uranium will be recovered using in-situ leach (ISL) mining methods.
A major U.S. producer of uranium, Energy Fuels forecasts 150,000 pounds to 500,000 pounds of finished uranium production in 2024, and it has uranium resources at several assets equivalent to about ...
Cameco generally sells its uranium production under long-term contracts, so a big jump in spot prices is not going to have a huge impact on its near-term results. For example, the company ...