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Cameco Corporation sets up operations in India

Cameco Corporation, world second largest producer of uranium after Rio Tinto of Brazil is setting up operations in India. Initially, it will set up an marketing office to do the ground work. The company cannot do business until Canada and Indian governments signs up a nuclear cooperation agreement. However, India is in talks with various countries like Russia, Australia, Kazakhstan, Namibia and also Canada which is the largest producer of uranium in 2008

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