The deal comes at a time when prices for uranium, used to fuel most of the world's nuclear reactors supplying 16% of the global energy, have increased significantly last year due to rising demand and limited supply.
Without western investors buying, all eyes are back on China, and a copper market that several industry insiders say is still the weakest they’ve ever seen it.
Frank Giustra-backed company joined the TSXV on Friday in what may be Canada’s first Indigenous company to focus on production contracts like net smelter returns.