Cameco poised to grow with demand
Cameco, the world largest producer of uranium in the world, is ready to grow with exploding demand for the element and Saskatchewan will enjoy that growth said CEO Tim Gitzel.
Gitzel, born in Prince Albert and raised in Saskatchewan, was the keynote speaker at Wednesday’s Prince Albert and District Chamber of Commerce luncheon.
He talked about how the company was hoping to be able to double its uranium output to 40 million pounds up per year from 20 million, in a program called “Double U” over the next few years.
“The world demand for electricity is growing and we’re going to grow with it,” he said.