Canada begins supply of uranium through Cameco

Canada has sent the first uranium consignment of 250 tonnes to India for its nuclear power reactors, over two years after the civil nuclear deal signed between the two countries came into force. In April, Cameco signed a uranium supply contract with India after the nuclear cooperation agreement between Canada and India came into force in September 2013. According to the Canadian government, the contract to supply 7.1 million pounds of uranium concentrate (about 2,730 tonnes uranium) to India’s Department of Atomic Energy was worth around Canadian Dollars 350 million ($262 million).