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Company Description (as filed with the SEC)
Cameco is the world’s largest uranium producer. The Company’s competitive position is based upon its large, high-grade reserves and low-cost operations, significant market position and access to other supplies of uranium. Cameco is also one of the four commercial converters of uranium concentrates (“U3O8”) to uranium hexafluoride (“UF6”) in the western world and the only commercial supplier of services to convert uranium concentrates to uranium dioxide (“UO2”) in the western world. Cameco, through subsidiaries, has a 31.6% limited partnership interest in Bruce Power, which operates North America’s largest nuclear electricity generating facility. Bruce Power has six nuclear reactors at the facility in service. The Company continues to explore for uranium in a number of countries. While Cameco continues its principal focus on the nuclear business, it also owns 52. ... More ...