Cameco is a major supplier of uranium processing services required to produce fuel for the generation of clean electricity.

Through our Canadian refining and conversion operations, and a toll-processing agreement with Springfields Fuels Ltd. in the United Kingdom, Cameco is the world's largest conversion supplier, managing 35% of western world nameplate capacity.

Cameco is pursuing a strategy to build on and leverage our competitive advantages in nuclear fuel services. We are working to maintain our position as a low-cost producer, expand our market position and maintain supply flexibility. The products of Cameco's refining and conversion operations are used exclusively for the generation of electricity by nuclear power plants.