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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
Comment by peterstockhouseon Oct 06, 2015 1:07pm
116 Views
Post# 24167905

RE:RE:RE:RE:edit: RE:RE:RE:Japan's a distraction

RE:RE:RE:RE:edit: RE:RE:RE:Japan's a distractionSure! That helps a lot. Interesting that India signed a deal with CCO and not Kazakhstan, which is closer, though. I guess the uranium will come from Australia's CCO mine? Canada is so far away. No?

DaMantis wrote: The chinese produce a relatively small amount of uranium (compared to kazakhstan & Canada).

Denison Mining has some exploration properties in Mongolia, if the economics make sense China may be interested in those properties in the future. Don't know too much about them though, Denison is focusing on their Athabasca basin properties right now.

Kazakhstan will remain the dominent uranium supplier for that whole Asia region for the forseeable future. The proverbial 1-tonne gorilla.

As for Cameco's manufacturing, they are an integrated fuel enricher/supplier. They don't just mine, but also have centrifuges for fuel enrichment & can provide the completed fuel rods to the end utilities. These components on the linked page are typically fuel rods, and not the mechanical parts of the reactor. I haven't looked into how Cameco breaks down it's subsidiaries, but it's definitly a wholly owned business of Cameco's. A couple years ago they also purchased NUKEM, which is now another wholly owned subsidiary, which is a dominent European fuel supplier. Hope this helps.

Cheers



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