Talvivaara has EU approval for uranium offtake deal


  • Talvivaara has EU approval for uranium offtake deal

    Nov 30 (Reuters) - Finnish miner Talvivaara has secured approval from the European Union to sell uranium, it said on Wednesday, allowing it to press ahead with an offtake agreement with Canadian producer Cameco signed earlier this year.

    Approval from the Euratom Supply Agency, which is charged with ensuring a regular supply of nuclear fuels to EU users, follows approval from the European Commission and is the first step in the uranium permitting process -- and a requirement as part of the Finnish government licensing procedure.

    Source: reuters.com