Cameco inks long-term uranium deal with India [BNN Bloomberg (Canada)]
Cameco Corporation (CCJ)
Last cameco corporation earnings: 5/1 07:00 am
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Source: BNN Bloomberg
Announced early Monday morning, the company said the agreement will see 22 million pounds of uranium ore concentrate (U O ) supplied to the Government of India's Department of Atomic Energy over a nine-year period. The total value of the contract is estimated at approximately $2.6 billion, according to Cameco. The announcement comes as Prime Minister Mark Carney and Premier Scott Moe are in India for a trade mission. In a lengthy joint statement between Carney and Prime Minister Narendra Modi, the two leaders agreed to a new “Strategic Energy Partnership” which includes liquified natural gas, liquefied petroleum gas, hydrogen, solar and uranium. Canada and India will also conclude a new Comprehensive Economic Partnership Agreement (CEPA) this year. The agreement is expected to double two-way trade to $70 billion by 2030. More to come… RELATED STORIES:
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News
- The $1.9B Uranium Pact Powering a Canada–India Reset [Yahoo! Finance]Yahoo! Finance
- Cameco's India Uranium Deal Tests High Valuation And Growth Hopes [Yahoo! Finance]Yahoo! Finance
- Canada and India move to reset ties as trust in U.S. falters [CNBC]CNBC
- Comparing Uranium Stocks Cameco and NexGen Energy [Yahoo! Finance Canada]Yahoo! Finance Canada
- TSX rises with oil prices, U.S. stock markets mixed after Iran strike [Advisor.ca (Canada)]Advisor.ca
CCJ
Earnings
- 2/13/26 - Beat
CCJ
Sec Filings
- 3/2/26 - Form 6-K
- 2/13/26 - Form 6-K
- 1/23/26 - Form 6-K
- CCJ's page on the SEC website