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Cameco Sheds Light on the Uranium Supply and Demand

SUGAR LAND--February 14, 2013--Researched by Industrial Info Resources (Sugar Land, Texas)--On February 11, executives of Canada-based uranium supplier Cameco Corporation (NYSE:CCJ) (Saskatoon, Saskatchewan) shared the company's fourth-quarter and full-year results. Timothy Gitzel, chief executive officer, president and director, described 2012 as a busy and strong year. He also said that "near-term challenges in the market" have stuck around longer than he had anticipated. He said that the long-term outlook for the industry continues to be extremely strong, with average annual growth in Uranium demand projected to be around 3% out to 2022.

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