Cameco Signs Long-Term Uranium Supply Deal with Slovenské elektrárne
Reuters
Sep 13
Cameco Signs Long-Term Uranium Supply Deal with Slovenské elektrárne
Cameco Corporation has announced a new long-term agreement to supply natural uranium hexafluoride (UF6) to Slovenské elektrárne $(SE)$ for its nuclear power plants in Slovakia. This contract, set to support operations at SE's Bohunice and Mochovce nuclear facilities from 2028 until 2036, includes both uranium and conversion services. The agreement aims to provide a stable and reliable supply of UF6, enhancing energy security and diversifying SE's sourcing. Cameco CEO Tim Gitzel expressed pride in supporting Slovakia's nuclear fuel needs, while SE's CEO Branislav Strýček highlighted the strategic importance of the contract in reducing dependency on single sources and ensuring smooth operations.
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