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Cameco to fight TEPCO's $1.3b cancellation

Uranium producer Cameco (CN:CCO) has vowed to pursue “all its legal rights and remedies” after Tokyo Electric Power Company (TEPCO) terminated a CAD$1.3 (US$1) billion supply contract.

Mining Journal
Cameco will fight to hold TEPCO to its $1.3b uranium supply contract

Cameco will fight to hold TEPCO to its $1.3b uranium supply contract

TEPCO refused a uranium delivery scheduled for February 1 and would not withdraw its contract termination notice issued last week, saying a “force majeure” had occurred because it could not operate its...

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