Cameco Starts Uranium Concentrate Shipment to China

Mar. 13, 2013 05:41PM PST

Reuters reported that Cameco Corp has started its uranium concentrate shipment to China. In 2010, the company signed a deal to supply China Nuclear Energy Industry Corp with 23 million pounds of uranium concentrate by 2020.

As quoted in the market news:

The same year, it also signed a deal to supply China Guangdong Nuclear Power Holding Co Ltd with 29 million pounds of uranium concentrate through 2025.

Click here to read the full Reuters report.