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BestYtTC1on Feb 13, 2013 12:37am
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Cameco Sees Japan Uranium Recovery: Commoditie
Cameco Sees Japan Uranium Recovery: Commoditie Feb 12, 2013 9:47 PM
Cameco Sees Japan Uranium Recovery After Fukushima
Two years after the Fukushima disaster caused some countries to abandon atomic power generation, Cameco Corp. says Japan is stepping up uranium imports on speculation the government will allow more idled reactors to restart.
Japanese utilities are accepting consignments of uranium under long-term contracts after previously deferring some shipments, according to Cameco, the world’s third-largest miner of the radioactive metal. The Canadian company expects as many as eight reactors in Japan will come back online this year, Chief Executive Officer Tim Gitzel said.
"Japanese utilities are getting more clarity on what the future looks like,” Gitzel, 50, said Feb. 11 in a telephone interview from Cameco headquarters in Saskatoon, Saskatchewan.“Clearly they are on a path to restart.”...
https://www.bloomberg.com/news/2013-02-13/cameco-sees-japan-uranium-recovery-commoditie.html