Pending the new contracts’ finalization, the total volume of uranium successfully contracted since the beginning of 2022 is expected to be about 77 million lb.
Without a reliable source of the high assay low enriched uranium (HALEU) the reactors need, developers worry they won't receive orders for their plants.
Mining and investment companies are jockeying for acquisitions in the nuclear industry and to develop the Athabasca basin, one of the premier uranium zones in North America.