Cameco to lose $1.3bn as Japan’s TEPCO cancels uranium contract — nuclear-news

The writing is on the wall. Ban uranium mining now: “Tepco’s termination of the contract would affect about 9.3 million pounds of uranium deliveries through 2028, worth about $1.3 billion in revenue.” Cigar Lake, in northern Saskatchewan, Canada, is the world’s highest-grade uranium mine. Uranium miner Cameco (TSX:CCO; NYSE:CCJ) is weighing its options after a […]

via Cameco to lose $1.3bn as Japan’s TEPCO cancels uranium contract — nuclear-news

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