Why Invest in Cameco?

Our Expertise 

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Cameco is a pure-play investment in the growing demand for nuclear energy. We provide nuclear fuel and nuclear power products, services, and technologies across the fuel cycle, augmented by our investment in Westinghouse, in support of the generation of carbon-free, reliable, secure, and affordable energy. 

Backed by more than 35 years of deep industry experience across the nuclear fuel cycle and set within the context of the transitioning market environment, our strategy is to capture full-cycle value through responsible production planning at our tier one brownfield assets, disciplined marketing activity and long-term contracting and prudent financial management. 

Growing Demand 

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A growing focus on electrification and decarbonization; increasing populations; demands from the tech sector such as the generative AI revolution; and concerns about energy security and affordability are driving interest in nuclear power and a transition in the nuclear fuel market.  

We believe the interest in nuclear power is expected to durably strengthen the long-term fundamentals for our industry, with dozens of countries and companies around the world committing to net-zero and a tripling of nuclear power capacity by 2050. 

The world cannot achieve a net-zero future without nuclear power – and Cameco will be a critical partner on that journey. 

Supplying the World 

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Uranium supply and fuel cycle services are facing several risks: mine depletion, a decade of significant underinvestment, declining secondary supplies, global production shortfalls, supply chain and transportation limitations, and geopolitical challenges.  

Uncertainty about where nuclear fuel supplies will come from to satisfy growing demand continues to drive long-term contracting activity as risk shifts from producers to utilities. 

Focus on Sustainability 

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We take pride in our strong sustainable performance and we hold ourselves accountable for high quality and credible reporting on sustainability matters. For over 16 years, we have disclosed our performance through an extensive range of environment, safety, social, economic and governance indicators, guided by a suite of policies, programs and practices. 

We are striving to achieve a 30% absolute reduction in Cameco’s combined Scope 1 and 2 emissions by 2030 from 2015 levels as a milestone towards our longer-term net-zero ambition.