BUZZ-Cameco rises as Poland and Canada sign nuclear power cooperation deal
ReutersJan 28, 2025 1:49 PM
U.S.-listed shares of Canadian uranium supplier Cameco CCJ.N rise 2.1% to $48.50 premarket
Poland and Canada sign agreement that provides a legal framework for more intensive cooperation on nuclear power
Poland is working to reduce its reliance on coal and has chosen Westinghouse Electric to build its first nuclear plant on the Baltic Sea coast; financing is still not fully agreed
Cameco had acquired Westinghouse Electric in partnership with Brookfield Asset Management BAM.TO alongside its affiliate Brookfield Renewable Partners BEP.N in 2023
Stock was up 9.1% in 2024
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