Cameco Signs Uranium Supply Agreement with China Nuclear International Corporation
Cameco (NYSE: CCJ) has signed a significant uranium supply agreement with China Nuclear International Corporation, a subsidiary of China National Nuclear Corporation.
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The contract, finalized earlier this year, was marked as part of the China International Import Expo 2022.
“China is counting on nuclear energy to play a major role in its commitment to achieve net-zero emissions, and CNNC is a large and growing part of that effort,” said
Terms and details of the supply agreement are commercially confidential and will not be disclosed publicly. The contract volumes comprise part of the 50 million pounds that
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