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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.
- Source: Nucnet
- Date: Thursday, 12 May 2022
- Original article: nucnet.org/news/cameco-and-orano-increase-ownership-in-cigar-lake-uranium-mine-5-3-2022
Recyclable-Fuel Storage Company Ltd (RFS) now expects its interim used fuel storage facility in Mutsu, Aomori prefecture, to begin operating in fiscal year 2023 (ending March 2024). Following several previous delays, the facility - construction of which began in 2010 - had been scheduled to start up later this year. However, the construction of additional safety measures is taking longer than expected.
- Source: World Nuclear News
- Date: Thursday, 29 July 2021
- Original article: world-nuclear-news.org/Articles/Start-up-of-Japanese-used-fuel-store-delayed
Nine reactors at five nuclear power plants in Japan 0have used products manufactured by the Kobe Steel group, Japan’s third-largest steelmaker, which has admitted fabricating product quality data. However, there are no immediate safety issues.
- Source: NEI Magazine
- Date: Tuesday, 21 November 2017
- Original article: neimagazine.com/news/newsno-safety-issues-from-falsifications-in-japan-5981504