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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

Post by Clemxb7on Feb 01, 2021 10:57am
226 Views
Post# 32436123

The 3 big Nuclear disasters circumstances.

The 3 big Nuclear disasters circumstances.3 Mile Island: was the first and can be blamed on poor 1950's - 1960's type design. The cooling water system malfunctioned and a partial meltdown occurred though all in all it wasn't near as bad as the other two. Simply this occurred because of bad design a similar incident is very unlikely today because of redundancy in safety systems.

Chernobyl: This was a Class A F up. The operators did a test and actually jumped out some safety systems on a poorly designed Russian system. Huge disaster. I was living in Europe at the time and it was a super big deal. This should have never happened. A better design, with redundancy, would have easily prevented it.

Fukashima: Class A F up. Super dumb. Unexpected tsunami flooded the station and backup generators. So dumb because there was ample geological evidence of prior tsunamis in the past.  Simply having the generators installed in a hardened building would have easily prevented this. They simply couldn’t keep a bunch of electrical pumps going due to water infiltration which is a problem so easily solved.

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