The Globe and Mail reports in its Tuesday, March 3, edition that Cameco chief executive officer Tim Gitzel has secured a $2.6-billion uranium supply deal with India. The Globe's Mark Rendell writes that on Monday, Mr. Gitzel signed an agreement with the Indian government to supply 22 million pounds (about 10 million kilograms) of uranium to the country between 2027 and 2035. Cameco had a nuclear supply deal with India from 2015 to 2020. But it was not renewed as political relations between the countries soured, then hit rock-bottom in 2023. "We'll do the business-to-business. But in nuclear, you still need the governments to get along," said Mr. Gitzel after the announcement. The rapprochement between Ottawa and New Delhi over the past year opened the door to the deal getting done, Mr. Gitzel said. And for Saskatchewan-based Cameco, one of the world's largest uranium miners, the timing is fortuitous. India plans to significantly expand its nuclear power sector, aiming to boost generation capacity from 8.8 gigawatts to 100 gigawatts by 2047. This will involve building numerous new, larger reactors in addition to the 26 currently in operation. This will be a growing source of global uranium demand, Mr. Gitzel said.