South Korea Plans $120 Bln Investment In U.S. Nuclear Projects
South Korea plans to invest $120 billion to fund the construction of nuclear reactors using Westinghouse technology and designs in the U.S. under a prior Memorandum of Understanding. Cameco Corp. (CCJ) announced the framework.
OTTAWA (dpa-AFX) - Uranium producer Cameco Corp. (CCJ) said the U.S. and South Korea announced a framework under a prior Memorandum of Understanding that anticipates a $120 billion investment by Korea to fund the construction of nuclear reactors using Westinghouse technology and designs.The agreeme…