08:12:11 EDT Tue 07 May 2024
Enter Symbol
or Name
USA
CA



Cameco Corp
Symbol CCO
Shares Issued 433,865,437
Close 2023-11-23 C$ 62.28
Market Cap C$ 27,021,139,416
Recent Sedar Documents

Globe says Cameco supplying uranium to Ukraine

2023-11-24 08:25 ET - In the News

The Globe and Mail reports in its Friday, Nov. 24, edition that Ukrainian business and political leaders are urging Canadian companies to come to Ukraine to forge partnerships, invest and help rebuild their country. The Globe's Janice Dickson writes that Ukrainian leaders, who gathered in Toronto this week for a two-day Rebuild Ukraine conference, said there are opportunities for business and investment in sectors across the country. Many Canadian companies have already started working in Ukraine. Cameco has a 12-year deal to provide Ukraine with uranium to power all of the country's nuclear reactors in partnership with Ukraine's electricity company Energoatom. Cameco chief executive officer Tim Gitzel said Ukraine approached the company asking if it could take over the fuel supply that had been previously provided by Russia. They signed a deal to 2035 and supply nuclear fuel for 15 reactors in Ukraine. Six of them, however, are in occupied Zaporizhzhia, so for now they are supplying the other nine. Mr. Gitzel said: "They're Russian-built, all of them, and they used Russian fuel until now. They don't any more. They're using Canadian fuel."

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