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Canada’s Cameco has announced that acquisition of?Westinghouse Electric Company in a strategic partnership with Brookfield Asset Management alongside Brookfield Renewable Partners and institutional partners has been completed. Cameco now owns a 49% interest and Brookfield a 51% in Westinghouse.

Date: Wednesday, 15 November 2023
Original article: neimagazine.com/news/newscameco-and-brookfield-complete-acquisition-of-westinghouse-11297387

Cameco Corporation and Brookfield Renewable Partners, together with its institutional partners (the consortium), are forming a strategic partnership to acquire Westinghouse Electric Company. Brookfield Renewable, with its institutional partners, will own a 51% interest in Westinghouse and Cameco will own 49%.

Date: Friday, 14 October 2022
Original article: neimagazine.com/news/newscameco-and-brookfield-renewable-to-acquire-westinghouse-10084610

Purchase could give access to additional 6.9 million pounds of U308 Cameco will pay CAD107m to acquire the stake in Cigar Lake. Courtesy Cameco. Canadian uranium company Cameco and Orano group subsidiary Orano Canada have reached an agreement with Idemitsu Canada Resources to acquire its share in the world’s highest-grade uranium mine, Cigar Lake, in northern Saskatchewan, Canada.

Following the agreement, Cameco’s interest in the Cigar Lake Joint Venture company, which owns Cigar Lake, will increase by just over 4.5 percentage points to around 54.5%. Orano’s stake will increase by 3.3 percentage points to just over 40%. The remaining shareholder, Japan’s Tepco Resources, a Canada-based subsidiary of Tokyo Electric Power Company, will retain its 5% interest.

Cameco will pay approximately CAD107m ($82m, €78m) to acquire the stake in Cigar Lake from Idemitsu. This may be adjusted at the closing of the transaction, which is expected in the second quarter of 2022.

Date: Thursday, 12 May 2022
Original article: nucnet.org/news/cameco-and-orano-increase-ownership-in-cigar-lake-uranium-mine-5-3-2022

The global uranium market has not yet been impacted by recent geopolitical events, speakers from uranium suppliers said during a session of the World Nuclear Fuel Conference 2022 in London. However, they agreed that the longer-term future is uncertain but the industry can bring capacity online to avoid any shortages.

Date: Thursday, 28 April 2022
Original article: world-nuclear-news.org/Articles/Uranium-miners-ready-to-meet-market-needs,-WNFC-he

The European Union (EU) and the International Atomic Energy Agency (IAEA) have extended a 2013 agreement to cooperate on nuclear safety. Their cooperation has already led to over one hundred nuclear safety review missions, environmental remediation at former uranium sites in Central Asia and more effective radioactive waste management in Africa.

Date: Thursday, 23 September 2021
Original article: world-nuclear-news.org/Articles/EU-IAEA-extend-cooperation-in-nuclear-safety

Jordan has been operating a "pioneering" processing plant to recover yellowcake from uranium ores since the start of the year, the head of the country's Atomic Energy Commission has announced. Khaled Toukan's remarks were reported by state news agency Petra and shared by the Jordanian Uranium Mining Company (JUMCO), operator of the plant. JUMCO, which is the commercial arm of Jordanian Atomic Energy Commission, was established in 2013 to carry out radioactive elements exploration and development in Jordan.

Date: Wednesday, 28 July 2021
Original article: world-nuclear-news.org/Articles/Jordan-declares-uranium-plant-fully-operational

Energoatom and Cameco have signed a memorandum of cooperation and understanding as part of the Ukrainian nuclear power plant operator's strategy to diversify its nuclear fuel supply. The document was signed yesterday at the uranium producer's headquarters in Saskatoon, Canada.

Date: Tuesday, 27 August 2019
Original article: world-nuclear-news.org/Articles/Ukraine-further-diversifies-fuel-supply-with-Canad

Energoatom and Cameco have signed a memorandum of cooperation and understanding as part of the Ukrainian nuclear power plant operator's strategy to diversify its nuclear fuel supply. The document was signed yesterday at the uranium producer's headquarters in Saskatoon, Canada.

Date: Friday, 23 August 2019
Original article: world-nuclear-news.org/Articles/Ukraine-further-diversifies-fuel-supply-with-Canad

Mitsubishi Heavy Industries (MHI) and Japan Nuclear Fuel Limited (JNFL) have completed an investment of €250m ($307m) to acquire 5% stakes in Orano, the newly formed company created as part of the reorganisation of France’s Areva Group.

Date: Thursday, 01 March 2018
Original article: neimagazine.com/news/newsmhi-and-jnfl-complete-investment-in-orano-6069531

Mitsubishi Heavy Industries (MHI) and Japan Nuclear Fuel Limited (JNFL) have both completed their investment of some EUR250 million (USD307 million) to acquire 5% stakes in Orano, the former Areva nuclear fuel cycle activities.

Date: Tuesday, 27 February 2018
Original article: world-nuclear-news.org/Articles/MHI,-JNFL-complete-acquisition-of-Orano-stakes