Structures stand at the site of the Cameco Corp. Cigar Lake uranium mine in northern Saskatchewan, Canada. (Photo: Geoff Howe)
© 2010 Bloomberg Finance LP
Canada and India are tantalizingly close to a 10-year multibillion dollar uranium supply deal that will likely be signed at a heads of state meeting in March, according to sources from both sides at the recently concluded India Energy Week, held in Goa, India, last week.
Canada is the world’s second-largest producer of uranium, accounting for 13% to 15% of global output, according to the International Energy Agency, while India is the world’s third-largest consumer of energy.
© 2010 Bloomberg Finance LP
Canada and India are tantalizingly close to a 10-year multibillion dollar uranium supply deal that will likely be signed at a heads of state meeting in March, according to sources from both sides at the recently concluded India Energy Week, held in Goa, India, last week.
Canada is the world’s second-largest producer of uranium, accounting for 13% to 15% of global output, according to the International Energy Agency, while India is the world’s third-largest consumer of energy.
