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BHP Billiton really after Sakatchewan’s uranium?

As for BHP Billiton, it’s clear the company is aware of the province’s uranium bounty.

BHP Billiton eyes uranium Potash first on company’s Sask. agenda By Cassandra Kyle, The StarPhoenix September 21, 2010 “……While potash remains top of mind for BHP Billiton, the CEO of the world’s largest mining company told The StarPhoenix on Monday that the province’s uranium reserves are also of interest to the firm. There has been a fair amount of internal thinking about the uranium potential here,” Marius Kloppers said in an interview.

“I would say that those two commodities (potash and uranium), probably in order, are the ones that interest us,” he said.

BHP Billiton targets tier-one assets, meaning resource deposits must be large and among the best in the world to be of interest to the company. Some of Saskatchewan’s smaller natural deposits, such as rare earth elements, are likely not in the firm’s range……The Athabasca Basin in northern Saskatchewan contains some of the world’s richest uranium deposits.

As for BHP Billiton, it’s clear the company is aware of the province’s uranium bounty.

BHP Billiton eyes uranium

September 23, 2010 - Posted by | Uncategorized | , ,

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