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Energy Net

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.

Tags: energy enrichment fuel-cycle ge nuclear nuke.news saskatchewan uranium on 06-25-2008 -Cached -About Shared by:Energy Net

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