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HARTFORD, Conn. -- A Canadian uranium producer has joined a GE joint venture that aims to enrich the radioactive metal for nuclear power plants, the companies said Friday.Cameco Corp., a uranium producer based in Saskatoon, Saskatchewan, will invest $123.8 million to acquire a 24 percent stake in the venture, Global Laser Enrichment, which is 51 percent owned by General Electric Co. and 25 percent owned by Hitachi Ltd.
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People in northern Saskatchewan are of two minds about a possible nuclear power station in their region. A consultant's report prepared for SaskPower and obtained by CBC earlier this week named Lac La Loche as one of two regions where a nuclear reactor might be located.
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