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Cameco wants TEPCO to buy unwanted uranium! LOL

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A multi-billion-dollar contract cancellation also weighed on Cameco’s second-quarter financial results. Tokyo Electric Power (Tepco), the operator of Japan’s wrecked Fukushima nuclear plant, terminated a supply contract in January alleging force majeure, which affects about 9.3-million pounds of uranium deliveries through 2028, worth about C$1.3-billion in revenue to Cameco, including about C$126-million in 2017. Cameco disputes the withdrawal,

“saying it sees no basis for terminating the agreement.”

Cameco settles US tax spat, 2017 outlook weakens

28th July 2017

Source – http://www.engineeringnews.co.za/article/cameco-settles-us-tax-spat-2017-outlook-weakens-2017-07-28

 

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July 28, 2017 - Posted by | Uncategorized

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