Cameco Marks Uranium Supply Agreement with China Nuclear International Corporation
29 10월 2023 - 11:41PM
Business Wire
Cameco (TSX: CCO; NYSE: CCJ) has signed a uranium supply
agreement with China Nuclear International Corporation, a
subsidiary of China National Nuclear Corporation (CNNC), one of the
country’s largest nuclear power operators.
The contract, finalized earlier this year, was marked as part of
the 2023 International Forum on Natural Uranium Industry taking
place in Beijing.
“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 Cameco president and CEO Tim
Gitzel. “Cameco is very pleased to continue increasing our
contribution toward the attainment of China’s important climate
goals.”
Terms and details of the supply agreement are commercially
confidential and will not be disclosed publicly. The contract
volumes are reflected in the 215 million pounds of uranium Cameco
reported having under long-term contracts as of April 27, 2023, and
the reported average annual delivery volumes of 28 million pounds
per year from 2023 through 2027 as of June 30, 2023.
Profile
Cameco is one of the largest global providers of the uranium
fuel needed to energize a clean-air world. Our competitive position
is based on our controlling ownership of the world’s largest
high-grade reserves and low-cost operations. Utilities around the
world rely on our nuclear fuel products to generate safe, reliable,
carbon-free nuclear power. Our shares trade on the Toronto and New
York stock exchanges. Our head office is in Saskatoon,
Saskatchewan, Canada.
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version on businesswire.com: https://www.businesswire.com/news/home/20231027848765/en/
Investor inquiries: Rachelle Girard 306-956-6403
rachelle_girard@cameco.com
Media inquiries: Veronica Baker 306-385-5541
veronica_baker@cameco.com
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