TEPCO agrees to sell 5% stake in Cigar Lake uranium mine to Cameco, Orano Canada

  • TEPCO agreed to sell its 5% interest in Canada’s Cigar Lake uranium mine via unit TEPCO Resources.
  • Cameco will buy 2.871% of the project; Orano Canada will buy 2.129%.
  • Deal targets a third-quarter 2026 close, pending contractual steps and regulatory approvals.
  • Sale reflects expected end of Cigar Lake production in the mid-2030s; TEPCO plans to source uranium via contracts and markets.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TEPCO - Tokyo Electric Power Company Holdings Inc. published the original content used to generate this news brief on June 03, 2026, and is solely responsible for the information contained therein.