CAPITAL MARKETS

Cameco injects further funds into new process

CANADIAN uranium giant Cameco has invested a third tranche of $US5 million ($A4.7 million) into a new process being developed with Uranium Equities for the recovery of uranium as a by-product of phosphate fertiliser production.

Kristie Batten
Cameco injects further funds into new process

The latest investment in the PhosEnergy process takes Cameco’s contribution to $12.5 million. Uranium Equities will use the funds to build a demonstration plant at a fertiliser production facility...

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