TSX:CCOOil and Gas
India Uranium Supply Deal Might Change The Case For Investing In Cameco (TSX:CCO)
Cameco Corporation recently finalized a long-term agreement with India to supply 22 million pounds of uranium over nine years, worth about US$2.60 billion, alongside reporting stronger earnings supported by higher uranium prices and ongoing projects.
This deal underscores Cameco’s role as a key nuclear fuel supplier at a time when institutional investors and governments are treating uranium as a core energy security asset.
Next, we’ll examine how this multi-year Indian supply contract could...