Toronto Uranium Processing Plant Opens Door To Media

Inside Toronto reported General Electric-Hitcahi plant opens door to media, processes uranium for nuclear reactors.

As quoted in the market news:

On the morning of a public meeting to discuss an area nuclear facility, officials opened the doors to the media for a tour of the processing plant at Lansdowne Avenue and Dupont Street.

Even though the General Electric-Hitachi plant has been manufacturing uranium powder pellets for Ontario’s CANada Deuterium Uranium reactors at 1025 Lansdowne Ave. since the 1960s, what actually happens within the facility just recently came to the attention of nearby residents. Without signs indicating the production of radioactive uranium, community members assumed the non-descript building made air conditioners.

Click here to read the full Inside Toronto report.

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Peninsula Energy (ASX:PEN) is set to be the ASX’s next uranium producer. Its flagship Lance Projects in Wyoming is headed towards production in 2015, with purchasing contracts secured for 2015 to 2024.

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