Tim Gitzel, CEO of Cameco, emphasizes the importance of uranium supply for the U.S., which has 94 nuclear plants consuming 50 million pounds annually but produces none. Following a decade of struggles post-Fukushima, Cameco is now thriving, driven by a nuclear renaissance fueled by climate change concerns and energy security. The company recently acquired a 49% stake in Westinghouse Electric for $7.9 billion, aiming to build new reactors in the U.S. amid growing demand for clean energy. Gitzel actively engages with government tariff discussions, highlighting the company’s role in the nuclear sector’s resurgence.
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