Uranium producer Cameco announces extension of nuclear fuel supply arrangements with Bruce Power Uranium Cameco
- Cameco , one of the largest global producers of uranium fuel, today announced the extension of its long-term exclusive nuclear fuel supply arrangements with Bruce Power for an additional 10 years through to 2040.
According to a statement, the extension represents an estimated $2.8 billion in additional business between the companies from 2031 to 2040. "This inter-provincial collaboration secures decades of Canadian-made nuclear energy that is essential to building a path to net-zero, while creating good jobs and benefitting ratepayers," it added.
"As proud Canadian companies, Cameco and Bruce Power are committed to ensuring the security and reliability of affordable, carbon-free nuclear energy needed to power Ontario homes, hospitals and businesses," Cameco said.
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