JOURNAL ARTICLE

Canada's Cameco Signs $1.9 Billion Uranium Deal With India.

  • Published In: Bloomberg.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Singh, Rajesh Kumar; Platt, Brian 3 of 3

Abstract

The article focuses on a C$2.6 billion uranium supply agreement between Canadian company Cameco Corp. and India, signed during Canadian Prime Minister Mark Carney's visit to India. Cameco will provide 22 million pounds of reactor fuel from 2027 to 2035, supporting India's goal to increase its nuclear power capacity to 100 gigawatts by 2047. The deal marks a renewal of bilateral ties following previous tensions and coincides with India's recent liberalization of its atomic power sector to attract private investment. Additionally, Canada and India agreed to enhance cooperation in sectors such as liquefied natural gas, critical minerals, solar, hydrogen, space, and artificial intelligence, with plans to finalize a Comprehensive Economic Partnership Agreement to boost trade by 2030. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2026/03, pN.PAG
  • Document Type:Article
  • Subject Area:Politics and Government
  • Publication Date:2026
  • Accession Number:192028464
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