13:05:44 EST Tue 03 Mar 2026
Enter Symbol
or Name
USA
CA



Cameco Corp
Symbol CCO
Shares Issued 435,532,978
Close 2026-03-02 C$ 171.91
Market Cap C$ 74,872,474,248
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Globe says Cameco to supply uranium to India

2026-03-03 06:22 ET - In the News

The Globe and Mail reports in its Tuesday, March 3, edition that Prime Minister Mark Carney announced a $2.6-billion deal to supply Canadian uranium to India during his four-day visit aimed at mending ties. The Globe's Steven Chase and Mark Rendell write that the uranium agreement was part of 10 commercial deals worth a total of $5.5-billion, though many had been disclosed earlier. The PM, who has set a goal of doubling non-U.S. trade over the next decade, said co-operation with India would make both countries more self-reliant. After a meeting with Prime Minister Narendra Modi in New Delhi on Monday, Mr. Carney announced Saskatoon-based Cameco has reached a deal to supply nearly 22 million pounds, or 9.9 million kilograms, of uranium to the Indian government for nuclear energy generation. The deal spans 2027 to 2035. The two leaders also launched talks on a Comprehensive Economic Partnership Agreement (CEPA), which Mr. Carney has said he aims to wrap up by the end of the year. The Prime Minister's Office said it is a deal that would support Canada's goal of more than doubling two-way trade with India to $70-billion by 2030. Canada and India are emerging from a two-way diplomatic freeze of more than two years.

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