CCJ
- Cameco Corporation
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Overview
Company Summary
Cameco Corporation, often referred to as Cameco, is a Canadian company primarily engaged in the exploration, mining, and refining of uranium. Founded in 1988 and headquartered in Saskatoon, Saskatchewan, Cameco is one of the largest uranium producers in the world.
Cameco operates a diverse portfolio of uranium mines located in Canada, the United States, and Kazakhstan. They employ advanced mining techniques and technologies to extract the ore from the ground. The company also has a stake in several joint ventures and strategic partnerships to further enhance its global presence.
Once the uranium ore is extracted, Cameco engages in refining and conversion processes to convert the ore into uranium trioxide, a stable and transportable form used in the production of nuclear fuel. The company operates major conversion facilities in Canada and the UK, ensuring a secure supply of fuel source for the global nuclear industry.
In addition to core mining and refining operations, Cameco is involved in the fuel services business. They offer services such as fuel fabrication, which involves turning uranium concentrate into fuel assemblies for nuclear power reactors. Cameco also provides management and recycling services for spent nuclear fuel.
Cameco's primary customers include utility companies and reactors that generate nuclear power. Their products are used to support the generation of clean and reliable electricity worldwide. The company's dedication to safety, sustainable practices, and environmental stewardship has made them a prominent player in the global uranium industry.
Overall, Cameco Corporation plays a critical role in the uranium supply chain, from exploration and mining to refining and fuel services. They contribute to the growth and sustainability of the nuclear power sector while adhering to strict safety and environmental regulations.