Cameco Vision 2010 is our plan to clean up, modernize, and improve the appearance of the Port Hope conversion facility. This is a large, long-term investment in Port Hope that builds on work now under way through the Port Hope Area Initiative to address historic low-level waste issues.

The project includes removal and long-term storage of 150,000 cubic metres of inherited waste materials, removal of two thirds of the site's 30 buildings and construction of new buildings to improve the look and efficiency of the site.

In the fall of 2005, Cameco engaged Gartner Lee Limited to involve the community in shaping the project. Between November 2005 and January 2006, Gartner Lee conducted a series of targeted communications and community engagement initiatives and then produced an independent advisory report with analysis of stakeholder ideas, opinions and advice.

Vision 2010 has now entered the schematic design phase where an architectural concept will be developed that addresses Cameco's requirements for the site as well as community concerns and wishes identified through the consultation program. This will result in development of a preferred concept including a site plan, floor plans and building elevations.

The regulatory process for Vision 2010 began in June 2006 with submission of a project description to the Canadian Nuclear Safety Commission (CNSC). In March 2008, the CNSC released draft environmental assessment guidelines for the project.