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Thursday, 02/09/2012 9:24:37 PM

Thursday, February 09, 2012 9:24:37 PM

Post# of 2045
Canada reaches uranium trade deal with China.Canada has reached a deal with China that will make it easier for Cameco Corp and other Canadian uranium producers to sell nuclear fuel into the fastest-growing market for atomic power.

China currently operates some 13 nuclear reactors, with a total nuclear power output of about 11 gigawatts. The Asian country, which has 27 reactors under construction, plans to boost output to 80 gigawatts by 2020.

Cameco has major uranium projects in Canada, the United States, Kazakhstan and Australia.

>>>>>Need to read the article at Reuters>>>>>

http://www.reuters.com/article/2012/02/09/canada-china-uranium-idUSL2E8D94O520120209

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