Sector Expert: Roger Lemaitre
Roger Lemaitre is president/CEO and a director of UEX Corp. He was formerly CEO and executive director of URU Metals Ltd., an AIM-listed junior uranium and base metals exploration company. He worked 12 years for Cameco, where he was global director of exploration. He holds a bachelor's degree in applied science in geological engineering from Queens University, a master's degree of applied science in geology from McGill University and a master's degree in business administration from Athabasca University.
After losing half of its value, the spot price of uranium has in recent weeks risen from less than $30 per pound to $42 per pound. Roger Lemaitre, President and CEO of UEX Corp., is pleased but not surprised, as a supply shortage looms, and sanctions against Russia are spooking utilities. In this interview with The Energy Report, Lemaitre explains how its substantial resources in Saskatchewan's Athabasca Basin have primed UEX to move forward when uranium prices rise to meet demand.