US, Japan agree on their roles in potential nuclear power project, Westinghouse says [Yahoo! Finance]
Cameco Corporation (CCJ)
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Source: Yahoo! Finance
Westinghouse and Japanese nuclear power equipment makers, Dan Lipman, ?president of global business initiatives at Westinghouse, told Reuters on Saturday. Japan and the U.S. are ?working to include a nuclear power project in a second round of deals under Japan's $550-billion investment package that will involve Westinghouse, sources told Reuters this month. The momentum for building nuclear power facilities is growing globally as nations look to ?add more domestically located energy ?resources to hedge against supply shocks. The U.S. and Japan governments came to the understanding on their roles in the ?potential deal, including on the supply chain within Japan, Lipman said on the sidelines of the Indo-Pacific Energy Security Ministerial and Business Forum in Tokyo. "These are very ?strategic projects ?that are very critical to Westinghouse ?and to our Japanese partners. We're ?going to continue to work the transactions until projects are identified and ready for deployment,"
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