Saskatchewan Premier Moe says uranium deal with India marks 'great day'
Saskatoon-based Cameco will deliver nearly 22 million pounds of uranium to India over nine years to support power generation and Saskatchewan's $2.5 billion uranium economy.
- On March 2, 2026, Prime Minister Mark Carney signed a $2.6-billion deal in New Delhi to supply just under 22 million pounds of uranium to India over nine years.
- The province's uranium industry, Saskatchewan, exports mainly for power generation and contributed over $2.5 billion to Saskatchewan's gross domestic product in 2024.
- Industry officials noted the deal will support India's energy needs and thanked Saskatchewan and Canadian governments for fostering trade opportunities.
- Saskatchewan Premier Scott Moe applauded the deal and said `Today marks a great day for this long-standing partnership and holds a lot of promise for a bright future together`.
- The Canadian Press reported on March 2, 2026, that the story was filed by Jeremy Simes, marking a significant bilateral energy agreement.
22 Articles
22 Articles
India Secures Long-Term Uranium Supply - Cameco (NYSE:CCJ)
India has taken a significant step to meet its long-term energy ambitions. Over the last month, the country has signed two deals with leading nuclear fuel producers. Canada's Cameco Corporation (NYSE:CCJ) has agreed to supply nearly 22 million lb. of uranium ore concentrate over nine years. The $1.9 billion (based on uranium price of $86.95 per lb.) deal was announced on Monday in New Delhi, during a visit by Canadian Prime Minister Mark Carney.…
Saskatchewan Premier Moe says uranium deal with India marks 'great day'
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