TSX:CCOOil and Gas
Cameco (TSX:CCO) Is Up 10.5% After U.S.-Backed US$80 Billion Nuclear Reactor Agreement - What's Changed
Cameco, a major uranium producer with a sizeable stake in Westinghouse Electric, previously entered into an approximately US$80.00 billion U.S. government-backed agreement to build nuclear reactors across the country, highlighting its role across the nuclear fuel and reactor value chain.
Recent sector-wide policy support, AI-driven power demand, and Cameco’s long-term utility contracts at unusually high price levels together underscore how its integrated exposure to uranium supply and...