In addition to its uranium production, Cameco is a major supplier of processing services required to produce fuel for the generation of clean electricity.
Cameco’s Port Hope, Ontario conversion facility is one of only four commercial uranium hexafluoride (UF6) production plants in the western world. UF6 is exported to international customers, to be enriched for use in light water nuclear reactors. The Port Hope facility is also the world’s only commercial supplier of natural uranium dioxide (UO2) conversion services needed to produce fuel for Candu nuclear reactors. Both processes receive refined uranium (UO3) feed from Cameco’s uranium refinery located in Blind River, Ontario.
Cameco also operates a fuel manufacturing facility in Port Hope, and a metal fabrication facility in Cobourg, Ontario. The company manufactures and sells the fuel bundles used in Candu reactors, serving nuclear utilities in Canada. The company also makes reactor components and provides nuclear fuel and consulting services to Candu operators around the world.
This year, Cameco’s Port Hope Conversion Facility was relicensed for a five-year period, while Cameco’s fuel manufacturing facility was relicensed for 10 years.