Cameco nears deal to supply nuclear fuel to Ukraine’s Energoatom
Cameco would supply natural uranium hexafluoride to the Ukrainian company between 2024 and 2035.
Shares of top Canadian uranium producer Cameco (CCO.TO: Quote) slipped as much as 4.4 percent on Monday, after Germany said that it plans to shut all its nuclear reactors by 2022.
The move to shut down its nuclear program comes just nine months after Berlin announced an extension to the lifespan of its plants by an average 12 years.