Canada Could Curb Uranium Rules for European Companies

- October 18th, 2013

Reuters reported that European companies could be no longer required to have a Canadian partner in uranium mines. According to the publication, the remove of the longstanding requirement could result in greater investment in developing Canadian uranium reserves.

Reuters reported that European companies could be no longer required to have a Canadian partner in uranium mines. According to the publication, the remove of the longstanding requirement could result in greater investment in developing Canadian uranium reserves.

Reuters wrote:

Lifting the requirement for European companies would appear to benefit Areva, in which the French government owns a controlling stake. Areva owns the Kiggavik project in the northern Canadian territory of Nunavut.

Click here to view the full report. 

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