Market Potential

Growing demand for electricity and concern over greenhouse gas emissions are fuelling a rediscovery of nuclear as a clean, reliable and affordable source of baseload electricity.

Existing uranium supply is expected to fall short of demand over the next decade. Cameco is positioned to benefit from this shortfall through its low-cost operations, extensive reserves, and control of more than 45% of identified new uranium production that may come to the market over the next 10 years.