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Industry committee  I wouldn't say there are any that prevent it. Our nuclear regulator here in Canada, the Canadian Nuclear Safety Commission, is a world-class regulator. They do an excellent job of maintaining the safety of the nuclear system. We are very closely watching the Impact Assessment Ac

October 20th, 2022Committee meeting

Dale Austin

Industry committee  In the context of this bill, it was mentioned as a new source simply because nuclear power doesn't exist in the Prairies as yet, but Canada has a long history of producing nuclear energy. It has close to seven decades of being in the nuclear energy business. I believe we were the

October 20th, 2022Committee meeting

Dale Austin

Industry committee  Thank you very much. Good afternoon. It's my pleasure to appear at committee today on behalf of Cameco Corporation to provide input to your study on Bill C-235. The bill and the committee's study of it are of particular interest to Cameco. Headquartered in Saskatoon, Saskatchew

October 20th, 2022Committee meeting

Dale Austin

Natural Resources committee  Certainly. Our major Asian markets would be South Korea, Japan and China, and I would say probably in the neighbourhood of 25% of our sales go into those markets.

March 12th, 2021Committee meeting

Dale Austin

Natural Resources committee  For South Korea, Japan and China, Japan is about 14%; China is 10% and South Korea, depending, is somewhere in the neighbourhood of 5% to 10%.

March 12th, 2021Committee meeting

Dale Austin

Natural Resources committee  Our largest customer continues to be the United States at about 30%. They have the highest number of reactors operating in the world right now. The largest growth opportunities, frankly, are in China and India. Both have announced significant nuclear power growth programs, and th

March 12th, 2021Committee meeting

Dale Austin

Natural Resources committee  That's a very good question. I know they're actively pursuing opportunities there. The foreign investment considerations come into play, so it's hard to say at this point

March 12th, 2021Committee meeting

Dale Austin

Natural Resources committee  It would depend on the offtake arrangements that were in place between the entities, so it's hard to say. We wouldn't have a look-in on that.

March 12th, 2021Committee meeting

Dale Austin

Natural Resources committee  Not recently. Cigar Lake was the latest mine that we brought online. That was a number of years ago. We have not had the opportunity yet to put a new project forward under the new regulatory process. Until we have experience there, I can't really answer the question. We're a hea

March 12th, 2021Committee meeting

Dale Austin

Natural Resources committee  Market conditions are a large factor there. The ongoing low price of uranium certainly has a bearing on when we would consider making applications and looking at new projects.

March 12th, 2021Committee meeting

Dale Austin

Natural Resources committee  First, thank you for your kind words about Cameco. I admit that question is not in my field of expertise. I would not want to mislead the committee. I'm certainly happy to get back to the committee with Cameco's experiences in terms of women miners and women employees in our co

March 12th, 2021Committee meeting

Dale Austin

Natural Resources committee  The first instance, our Cigar Lake Mine, will come back on as soon as the pandemic conditions allow it. It was taken down last year and also this year in response to trying to keep the pandemic out of northern Saskatchewan. We didn't want to inadvertently become a site for commun

March 12th, 2021Committee meeting

Dale Austin

Natural Resources committee  Thank you very much, Mr. Chair. Good afternoon. It's my pleasure to appear at committee today on behalf of Cameco Corporation to discuss critical minerals and Canada's role as a responsible source of these valuable commodities as we move to a low-carbon, post-COVID economy. Hea

March 12th, 2021Committee meeting

Dale Austin