TSX:CCOOil and Gas
Assessing Cameco’s Valuation After Its $2.6b Long-Term Uranium Supply Deal With India
Why Cameco’s new India supply deal is on investors’ radar
Cameco (TSX:CCO) has drawn fresh attention after agreeing to supply nearly 22 million pounds of uranium ore concentrate to India’s Department of Atomic Energy under a nine-year contract valued at about $2.6b.
The agreement, set to run from 2027 to 2035 on market-related pricing, links Cameco directly to India’s expanding civil nuclear program and is part of Canada’s broader push to deepen critical minerals and energy ties with...