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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

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Post by Kooleron May 03, 2012 11:37am
785 Views
Post# 19866454

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Lock in your profit

Japan to shut down its last nuclear reactor

Japan will shut down its last nuclear reactor shortly before midnight on Saturday, the first time since July 1966 that the country has been without atomic energy feeding into the national grid.

The No. 3 reactor at the Tomari nuclear plant, on the northern island of Hokkaido, will be shut down for a regular safety inspection, the operator said.

The national government has warned that major cities, including Tokyo and Osaka, face blackouts during the months of peak energy demand – in Japan's notoriously hot and muggy summer – unless local authorities grant permission for utilities to restart the 54 reactors.

Nuclear power previously provided fully one-third of Japan's energy.

But public opinion has turned fiercely against nuclear power since the Great East Japan Earthquake and the massive tsunami that it triggered which destroyed the Fukushima Dai-Ichi nuclear plant, 150 miles north-east of Tokyo.

Workers from Tokyo Electric Power Co. have been able to bring the four damaged reactors to a state of cold shutdown, meaning that temperatures within the reactor chambers are below 100 degrees Centigrade (212 Fahrenheit) and therefore no longer releasing radioactive steam.

https://www.telegraph.co.uk/news/worldnews/asia/japan/9243326/Japan-to-shut-down-its-last-nuclear-reactor.html

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