Copper $ 5.6358 / lb 2.72%
Brent Crude Oil $ 104.4 / bbl -4.21%
Palladium $ 1496.5 / ozt 5.39%
Crude Oil $ 101.85 / bbl -3.06%
Natural Gas $ 2.89 / Btu 0.10%
Silver Futures $ 75.495 / ozt 7.47%
Aluminum Futures $ 3314.25 / ton -1.21%
Micro Gold Futures $ 4713.1 / ozt 3.80%
Micro Silver Futures $ 75.48 / ozt 7.54%
Platinum $ 1973.85 / ozt 4.22%
Gold Futures $ 4713.3 / ozt 3.84%
Go to MDC Markets

Canadian watchdog renews Cameco’s licence for nuclear fuel facility in Port Hope

Reuters | January 18, 2023 | 12:39 pm Top Companies Canada Uranium 
Port Hope is the only uranium conversion facility in Canada. Credit: Cameco

Canada’s nuclear regulator said on Wednesday it has decided to renew Cameco Fuel Manufacturing’s licence for a nuclear fuel facility in Port Hope, Ontario for a 20-year period.

The Canadian Nuclear Safety Commission said in a statement it authorized raising the annual production limit to 1,650 tonnes of uranium as part of the new licence, which will be valid from March 1, 2023 to February 28, 2043.

(By Ismail Shakil and Steve Scherer)

Comments

Your email address will not be published. Required fields are marked *

No comments found.

More News

{{ commodity.name }}