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Cameco Ord Shs T.CCO

Alternate Symbol(s):  CCJ

Cameco Corporation is engaged in providing uranium fuel to generate clean, reliable baseload electricity around the globe. The Company also offers nuclear fuel processing services, refinery services and manufactures fuel assemblies and reactor components. Its segments include uranium, fuel services and Westinghouse. The uranium segment is involved in the exploration for, mining, milling, purchase and sale of uranium concentrate. The fuel services segment is involved in the refining, conversion and fabrication of uranium concentrate and the purchase and sale of conversion services. The Westinghouse segment is engaged in the nuclear services businesses. Its uranium projects include Millennium, Yeelirrie, and Kintyre. The Cree Extension-Millennium project is a Cameco-operated joint venture located in the southeastern portion of Canada's Athabasca Basin. The Yeelirrie deposit is located approximately 650-kilometer (Km) northeast of Perth and about 750 km south of its Kintyre project.


TSX:CCO - Post by User

Bullboard Posts
Post by bestioleon Dec 17, 2014 3:53pm
269 Views
Post# 23241605

Japan nuclear watchdog approves two reactor restarts

Japan nuclear watchdog approves two reactor restarts
Japan nuclear watchdog approves two reactor restarts
Takahama nuclear power plant in central Fukui prefecture on the Sea of Japan coast
 
Takahama nuclear power plant in central Fukui prefecture on the Sea of Japan coast
 

Japan’s nuclear watchdog has approved restarting two more atomic reactors amid ongoing cleanup efforts of its damaged reactors at the Fukushima Daiichi plant.

Two units at Takahama nuclear power plant in central Fukui prefecture on the Sea of Japan coast has passed toughened safety standards since the disaster at Fukushima in 2011, the Nuclear Regulation Authority (NRA) said.

The restarts will commence after public consultation is held and local authorities give their approval sometime after spring next year, the Kyodo News agency reported.

The draft approval came after two reactors at the Sendai nuclear plant on the southern island of Kyushu passed the new safety standards in September. The reactors are to be restarted next year.

Public sentiment over nuclear energy in Japan has been badly scarred following the nation’s worst nuclear accident at Fukushima in 2011, when multiple reactors went into meltdown after their cooling systems were swamped by a tsunami.

New polls showed that about half of voters are against restarts, with 30-40 percent in favor.

The NRA’s approval of the new site comes after Japan’s ruling coalition won majority vote in Sunday’s parliamentary elections.

Experts say Prime Minister Shinzo Abe is expected to use his new four-year mandate to push for nuclear power stations to restart.


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