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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 shakerman640on Jun 02, 2015 12:37am
226 Views
Post# 23787446

Japan's first reactor restart delayed to mid-August 2015

Japan's first reactor restart delayed to mid-August 2015https://www.reuters.com/article/2015/06/02/us-japan-nuclear-restarts-idUSKBN0OI06C20150602

Japan's first reactor restart delayed to August: Kyushu Electric

TOKYO

Japan's Kyushu Electric Power said on Tuesday it has delayed the restart of its Sendai nuclear plant in southwestern Japan, the first to be brought back into service under new rules introduced after the 2011 Fukushima disaster.

The delay to mid-August from the previous target of late July follows a warning by Japan's nuclear regulator in April that the utility's schedule for a restart was too optimistic.

All 43 of Japan's operable nuclear reactors are currently offline. A restart of Sendai's 890-megawatt No. 1 unit following stringent safety checks would mark the first resumption of nuclear power generation in nearly two years.

Prime Minister Shinzo Abe has said rebooting the country's nuclear sector is needed to cut the cost of using fossil fuels for power generation, but he faces a deeply skeptical public after the meltdowns at the Fukushima Daiichi plant north of Tokyo.

Kyushu has notified the nuclear regulator that operational checks of some facilities needed before it can start loading uranium fuel into the reactor are likely to end two weeks later than previously announced, a Kyushu spokesman said.

Delaying the restart would likely raise the consumption of fossil fuels in the peak summer demand season, the spokesman said, declining to give details.

The company made no changes to the planned restart of the 890-megawatt Sendai No. 2 reactor in late September. The No. 1 unit has been offline since May 2011 and the second unit since September that year.

Five of Japan's reactors have received basic clearance and are at varying stages of the review process.
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