Cameco Signs US$2.6 Billion Uranium Deal With India to Fuel Nuclear Expansion
Source: Investing News Network
2026-03-04 08:44:28 ET
Cameco (TSX:CCO,NYSE:CCJ) has secured a nine-year uranium supply agreement with India worth an estimated US$2.6 billion, accelerating its nuclear power expansion as it deepens critical mineral ties with the country.
The Saskatoon-based uranium producer will supply nearly 22 million pounds of uranium ore concentrate (U3O8) to India’s Department of Atomic Energy between 2027 and 2035 under market-related pricing terms.
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Cameco Signs US$2.6 Billion Uranium Deal With India to Fuel Nuclear Expansion
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March 04, 2026 08:44:28 am
Cameco Signs US$2.6 Billion Uranium Deal With India to Fuel Nuclear Expansion
