Uranium Giant Makes Deal with China
Thursday, November 25, 2010 at 10:30
Cameco has signed an agreement to supply 29 million pounds of Uranium to a Chinese Company.
The deal runs through 2025.
Cameco C.E.O. Jerry Grandey says the move falls nicely in line with plans to begin production at the Cigar Lake mine and other operations.
He adds it’s something that should result in more jobs down the line.
The company involved is said to have 14 nuclear power plants under construction.