TSX:CCOOil and Gas
Cameco (TSX:CCO) Is Up 5.7% After Securing Long-Term Uranium Supply Deal With India
Cameco has entered a long-term agreement to supply nearly 22 million pounds of uranium ore concentrate to India’s Department of Atomic Energy between 2027 and 2035 on market-related terms, reinforcing bilateral cooperation on critical minerals and energy that Canada and India recently expanded through a series of accords.
This multi-year contract deepens Cameco’s role in fueling India’s nuclear reactor fleet, adding visibility to future uranium volumes while aligning with the company’s...