Cameco Corporation
2121 11th Street West , Saskatoon, Canada | Energy
Cameco is one of the world's largest uranium producers providing about 16% of the world's production from mines in Canada, the US and Kazakhstan. We hold about 429 million pounds of proven and probable reserves, extensive resources and have focused our exploration programs on three continents where our land holdings total about 1.7 million hectares. We are also a leading provider of nuclear fuel processing services, supplying much of the world's reactor fleet with the fuel to generate one of the cleanest sources of electricity available today.
Community
Our community investment program encompasses strong relationships with the communities in which we operate in Canada, Australia, United States and Central Asia. Our program is built on the fundamental belief that supportive communities are a key measure of the company's long-term success. Each year the company targets one percent of after-tax net earnings for community initiatives and projects.
Business Overview
Cameco is a pure-play nuclear company with a proven track record and the strengths to take advantage of the world's rising demand for safe, clean and reliable energy. We are one of the world's largest uranium producers with assets on three continents. Our operations and investments span the nuclear fuel cycle from exploration to fuel manufacturing.
Strategy
Our strategy is set within the context of a challenging market environment, which we expect to give way to strong long-term fundamentals driven by increasing population and electricity demand.
We are a pure play nuclear fuel producer, focused on taking advantage of the long-term growth we see coming in our industry, while maintaining the ability to respond to market conditions as they evolve. Our strategy is to profitably produce at a pace aligned with market signals in order to increase long-term shareholder value, and to do that with a focus on safety, people and the environment.
URANIUM
Our primary focus is on uranium production. It is the biggest value driver of the nuclear fuel cycle and our business. We have the ability to flex our production according to market conditions in order to return the best value possible.
FUEL SERVICES
Our fuel services division is a source of profit and supports our uranium segment while allowing us to vertically integrate across the fuel cycle. Our focus is on maintaining and optimizing profitability.
ENRICHMENT
We continue to explore opportunities in the second largest value driver of the fuel cycle.
NUKEM
NUKEM’s activities provide a source of profit and gives us insight into market dynamics.
| Company Details | |
|---|---|
| Company Name | Cameco Corporation |
| Business Category | Energy |
| Address | 2121 11th Street West Saskatoon Canada |
| President | NA |
| Year Established | 1988 |
| Employees | 5000 |
| Memberships | NA |
| Hours of Operation | NA |
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