Cameco Corporation Signs Historic 15-Year, $500 Million Transportation Agreement with Indigenous-Owned Rise Air

Reuters
08/29
<a href="https://laohu8.com/S/CCJ">Cameco Corporation</a> Signs Historic 15-Year, $500 Million Transportation Agreement with Indigenous-Owned Rise Air

Cameco Corporation and Orano Canada Inc. have entered into a groundbreaking 15-year agreement with Rise Air, an Indigenous-owned airline, valued at approximately $500 million. This partnership is designed to provide workforce transportation services for operations in northern Saskatchewan. The new long-term contract marks the most significant commitment between the companies since their initial collaboration, enhancing previous agreements that typically lasted three years or less. The deal will allow Rise Air to invest in modern equipment, upgrade facilities, and expand hiring and training, focusing on building long-term careers for northern Saskatchewan residents. Cameco and Orano have expressed confidence in Rise Air's capability to meet their transportation needs, highlighting the critical role air transportation plays in their operations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cameco Corporation published the original content used to generate this news brief on August 28, 2025, and is solely responsible for the information contained therein.

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