Canada Could Curb Uranium Rules for European Companies

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.

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