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Gold/Mining/Energy : Le coin des prospecteurs

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To: teevee who wrote (38836)10/29/2025 6:56:12 PM
From: russet   of 38946
 
Japan appears to be involved in Westinghouse deal for US reactors.

Globe says BAM, Cameco sign U.S. deal for 8 reactors

2025-10-29 07:57 ET - In the News

See In the News (C-BAM) Brookfield Asset Management Ltd

The Globe and Mail reports in its Wednesday edition that U.S. reactor vendor Westinghouse Electric and its Canadian owners, Brookfield Asset Management and Cameco, have signed an agreement with the U.S. government intended to spur construction of as many as eight large nuclear reactors. The Globe's Matthew McClearn and James Bradshaw write that the "binding term sheet" agreement requires the U.S. government to arrange financing and facilitate permitting approvals for reactors costing at least $80-billion (all figures U.S.). The proposed reactors would be built on U.S. soil and are intended to power data centres and artificial intelligence computing capacity. A statement issued by the White House on Tuesday said that as part of a bilateral agreement, the Japanese government and various Japanese companies had committed to provide up to $332-billion to support "critical energy infrastructure," including construction of nuclear reactors from Westinghouse and GE Vernova Hitachi Nuclear Energy. The announcement came after U.S. President Donald Trump met with newly elected Japanese Prime Minister Sanae Takaichi in Tokyo on Tuesday. Separately, the Japanese government said it plans to spend up to $100-billion on reactors.
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