Last mentioned: Mar 2, 2026
$1.9 Billion Expansion
Cameco and India finalize a massive C$2.6 billion supply deal during PM Mark Carney's visit.
First Major Supply Deal
Cameco signs a $350 million deal to supply 7.1 million pounds of uranium to India over five years.
Nuclear Cooperation Agreement
Canada and India sign a landmark agreement to allow the export of uranium and nuclear technology.
Cameco Corp. has signed a $1.9 billion (C$2.6 billion) contract to supply uranium to India, marking a major diplomatic and economic milestone. The deal, announced during Prime Minister Mark Carney’s inaugural visit to New Delhi, underscores India's aggressive nuclear energy expansion and Canada's role as a critical mineral powerhouse.
Canadian uranium giant Cameco Corp. has finalized a C$2.6 billion ($1.9 billion) supply agreement with India, marking a pivotal moment in bilateral energy relations. The deal, signed during Prime Minister Mark Carney's first official visit to India, underscores the critical role of nuclear fuel in meeting the global demand for low-carbon baseload power.
Canadian uranium giant Cameco Corp. has finalized a C$2.6 billion ($1.9 billion) supply agreement with India, marking a significant milestone in bilateral energy cooperation. The deal, signed during Prime Minister Mark Carney's inaugural state visit, underscores India's aggressive expansion of its nuclear power capacity and Canada's role as a critical mineral supplier.