All Articles
Nuclear

NexGen Energy Lands Its First Ever Uranium Supply Deal

December 5, 2024
x min read
NexGen Energy Uranium Supply
Mentioned:
NXE
1.25
%
1.25
%
1.25
%
No items found.
No items found.

One of the largest publicly traded uranium companies in Canada has just cut a new deal for uranium supply. And it might just be the first of many.

What’s happening:

  • NexGen Energy (NYSE: NXE) has announced their first ever purchase agreement for uranium supply with major utility companies located in the United States of America

By the numbers:

  • NexGen Energy’s new purchase agreements are for a total of 5M pounds of uranium over 5 years
  • The price of uranium will be sold between $79-$150 USD per pound, depending on fluctuations in the spot uranium markets

Why it matters:

Going deeper:

  • NexGen Energy’s flagship Rook I project located in the Athabasca Basin will be the source of supply for the new purchase agreements

The intrigue:

Discover the world's most disruptive early stage companies with 40,000+ investors.

The markets and trends that matter, made simple.

Join top talent at the world's most respected institutions, companies, and venture capital funds.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.