Cameco, Energoatom to supply Ukraine’s natural UF6 needs through 2035

The company states: "SE NNEGC Energoatom, Ukraine’s state-owned nuclear energy utility, and Cameco, one of the largest global producers of uranium fuel based in Canada, have reached agreement on commercial terms for a major supply contract for Cameco to provide sufficient volumes of natural uranium hexafluoride, or UF6, consisting of uranium and conversion services, to meet Ukraine’s full nuclear fuel needs through 2035. Key commercial terms, such as pricing mechanism, volume and tenor, have been agreed to, but the contract is subject to finalization, which is anticipated in the first quarter of 2023."