NexGen Energy (NXE.US) announced on Wednesday that it has signed the first batch of uranium supply contracts with multiple nuclear power companies in the USA, involving a total of 5 million pounds of uranium, with market pricing mechanism upon delivery.
According to the Wise Wealth app, Canadian uranium producer NexGen Energy (NXE.US) announced on Wednesday that it has signed the first batch of uranium supply contracts with multiple nuclear power companies in the USA, involving a total of 5 million pounds of uranium, with market pricing mechanism upon delivery.
NexGen stated that these contracts reflect the company's focus on maximizing the future uranium price and positioning itself as a reliable new nuclear fuel source in the West.
NexGen stated that it is still negotiating with other utility companies in the USA, Europe, and Asia.
NexGen CEO Leigh Curyer stated: "Signing of off-take contracts with major US utility companies is a key moment for NexGen, highlighting the exceptional quality and scalability of the Rook I project."
At the time of writing, NexGen's pre-market trading increased by 6.03%, reaching $8.61.