Samsung SDI invests in Canada Nickel, has right to buy 10% of Crawford project
The South Korean battery maker can acquire a 10% equity interest in the Crawford project for $100.5 million.
Canada’s nuclear regulator said on Wednesday it has decided to renew Cameco Fuel Manufacturing’s licence for a nuclear fuel facility in Port Hope, Ontario for a 20-year period.
The Canadian Nuclear Safety Commission said in a statement it authorized raising the annual production limit to 1,650 tonnes of uranium as part of the new licence, which will be valid from March 1, 2023 to February 28, 2043.
(By Ismail Shakil and Steve Scherer)
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