{"id":749691,"date":"2023-04-20T13:03:01","date_gmt":"2023-04-20T17:03:01","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/cameco-signs-nuclear-fuel-agreement-to-support-bulgarias-diversification-efforts\/"},"modified":"2023-04-20T13:03:01","modified_gmt":"2023-04-20T17:03:01","slug":"cameco-signs-nuclear-fuel-agreement-to-support-bulgarias-diversification-efforts","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cameco-signs-nuclear-fuel-agreement-to-support-bulgarias-diversification-efforts\/","title":{"rendered":"Cameco Signs Nuclear Fuel Agreement to Support Bulgaria\u2019s Diversification Efforts"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Cameco Signs Nuclear Fuel Agreement to Support Bulgaria\u2019s Diversification Efforts<\/b><\/p>\n<p>SASKATOON, Saskatchewan&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<b>Cameco <\/b>(TSX: CCO; NYSE: CCJ) has signed a 10-year supply contract to provide sufficient volumes of natural uranium hexafluoride, or UF<sub>6<\/sub> (consisting of uranium and conversion services), to meet the full requirements of the Kozloduy 5 Reactor at the Kozloduy Nuclear Power Plant, the only nuclear generating station in the Republic of Bulgaria.<\/p>\n<p>\n\u201cThis is Cameco\u2019s first agreement to supply fuel for Bulgaria\u2019s nuclear energy sector,\u201d said Cameco\u2019s president and CEO Tim Gitzel. \u201cWe are very pleased to add another market to Cameco\u2019s global commercial portfolio and to expand our contributions to countries like Bulgaria that are seeking to enhance their energy security while affirming their commitment to carbon-free nuclear power in achieving their climate goals.\u201d<\/p>\n<p>\nThe agreement, running through 2033, will see Cameco deliver a total of approximately 2.2 million KgU as UF<sub>6<\/sub> (the equivalent of about 5.7 million pounds of uranium concentrate, or U<sub>3<\/sub>O<sub>8<\/sub>).<\/p>\n<p>\nNuclear power accounts for more than one-third of Bulgaria\u2019s electricity supply. Kozloduy 5 is one of two reactors operating in the country.<\/p>\n<p><b>Profile<\/b><\/p>\n<p>\nCameco is one of the largest global providers of the uranium fuel needed to energize a clean-air world. Our competitive position is based on our controlling ownership of the world\u2019s largest high-grade reserves and low-cost operations. Utilities around the world rely on our nuclear fuel products to generate safe, reliable, carbon-free nuclear power. Our shares trade on the Toronto and New York stock exchanges. Our head office is in Saskatoon, Saskatchewan.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230420005713r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230420005713\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230420005713\/en\/<\/a><\/span><\/p>\n<p><b>Investor inquiries:<br \/>\n<\/b><br \/>Rachelle Girard<br \/>\n<br \/>306-956-6403<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:rachelle_girard@cameco.com\">rachelle_girard@cameco.com<\/a><\/p>\n<p><b>Media inquiries:<br \/>\n<\/b><br \/>Veronica Baker<br \/>\n<br \/>306-385-5541<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:veronica_baker@cameco.com\">veronica_baker@cameco.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Europe Bulgaria North America Canada<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Nuclear Energy<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230420005713\/en\/1769924\/3\/Cameco-294blue-500px-01.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Cameco Signs Nuclear Fuel Agreement to Support Bulgaria\u2019s Diversification Efforts SASKATOON, Saskatchewan&#8211;(BUSINESS WIRE)&#8211;Cameco (TSX: CCO; NYSE: CCJ) has signed a 10-year supply contract to provide sufficient volumes of natural uranium hexafluoride, or UF6 (consisting of uranium and conversion services), to meet the full requirements of the Kozloduy 5 Reactor at the Kozloduy Nuclear Power Plant, the only nuclear generating station in the Republic of Bulgaria. \u201cThis is Cameco\u2019s first agreement to supply fuel for Bulgaria\u2019s nuclear energy sector,\u201d said Cameco\u2019s president and CEO Tim Gitzel. \u201cWe are very pleased to add another market to Cameco\u2019s global commercial portfolio and to expand our contributions to countries like Bulgaria that are seeking to enhance their energy security while affirming their commitment to &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cameco-signs-nuclear-fuel-agreement-to-support-bulgarias-diversification-efforts\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Cameco Signs Nuclear Fuel Agreement to Support Bulgaria\u2019s Diversification Efforts&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-749691","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - 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