Cameco says White House won’t meddle in its core business under U.S. reactor deal

The chief executive of Saskatchewan-based Cameco Corp. wants to make clear that the U.S. government is not getting involved in its main uranium mining business under a massive nuclear reactor deal announced last week.

The agreement would see the U.S. government arrange financing and facilitate the permitting and approvals for at least US$80 billion worth of new nuclear reactors south of the border. The reactors would use technology belonging to Westinghouse, which is jointly owned by Cameco and Brookfield Asset Management.

Read more: • Cameco and Brookfield sign deal with U.S. government to help build reactors • Cameco donates $10 million to University of Saskatchewan campaign • North Sask. airline signs 15-year deal with Cameco, Orano

“We need to directly address some of the misi