Cameco welcomes US DOE conditional loan commitment for Westinghouse AP1000 reactors
The up to US$17.5 billion loan will finance long-lead items for up to 10 reactors, accelerating deployment.
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Uranium producer and nuclear fuel supplier
cameco.comLast updated
In short: Cameco reported strong Q1 2026 growth, acquired a larger stake in the Cigar Lake mine, and secured a $2.6 billion supply agreement with India.
The up to US$17.5 billion loan will finance long-lead items for up to 10 reactors, accelerating deployment.
It recognizes Canada's reactor technologies including Cameco's AP1000 and highlights Cameco's role in fuel supply.
The $115.75 million deal increases Cameco's stake to 57.418%.
Operations had been disrupted after the Smoothstone River Bridge partially collapsed due to flood waters.
The Energy Department announced Tuesday that it will provide $17.5 billion in loans to speed the...
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On June 15, 2026, Cameco Corp (CCJ) shares rose 6.0% today, bringing the current price to $107.02. The stock has seen a 52-week range between...
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