Key facts
- Cameco and Orano will acquire TEPCO's 5% interest in the Cigar Lake Joint Venture.
Cameco and Orano are acquiring TEPCO's 5% interest in the Cigar Lake Joint Venture. Cameco's ownership will rise to 57.418%, and Orano's to 42.582%. This consolidates ownership of the large, high-grade uranium deposit in Saskatchewan, Canada.
Cameco is a major global producer of uranium, essential for nuclear power generation. The Cigar Lake mine is one of the world's largest high-grade uranium deposits. This transaction consolidates ownership and potentially streamlines operations.
Cameco is a major global producer of uranium, essential for nuclear power generation. The Cigar Lake mine is one of the world's largest high-grade uranium deposits. This transaction consolidates ownership and potentially streamlines operations.
Pick the topics you care about. Get only what matters, on your cadence.