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Cameco rejects TEPCO's uranium contract termination notice
In early February, Tokyo Electric Power Co Holdings Inc (TEPCO) issued a termination notice for a uranium supply contract with Cameco Inc and the company announced that it did not accept the notice. Cameco Inc sees no basis for ferminating the contract, considers TEPCO to be in default, and will pursue all its legal rights and remedies, the company said. They are surprised and disappointed that TEPCO is seeking to terminate its contract given all the past productive discussions they have had to date, said Tim Gitzel, president and CEO of Cameco.
Cameco rejects TEPCO's uranium contract termination notice
In early February, Tokyo Electric Power Co Holdings Inc (TEPCO) issued a termination notice for a uranium supply contract with Cameco Inc and the company announced that it did not accept the notice. Cameco Inc sees no basis for ferminating the contract, considers TEPCO to be in default, and will pursue all its legal rights and remedies, the company said. They are surprised and disappointed that TEPCO is seeking to terminate its contract given all the past productive discussions they have had to date, said Tim Gitzel, president and CEO of Cameco.
Cameco rejects TEPCO's uranium contract termination notice
2017
Article (Journal)
English
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