Cameco Corporation

Cameco Corporation is a leading global provider of uranium and nuclear fuel products, headquartered in Saskatoon, Saskatchewan, Canada. The company's core business revolves around energizing a sustainable future by supplying safe, reliable, and carbon-free nuclear power.

Cameco's operations span the entire nuclear fuel cycle, from exploration, mining, and milling of uranium concentrate (yellowcake) to refining, conversion, and fuel manufacturing services. Key products include uranium trioxide (UO3), uranium hexafluoride (UF6), natural uranium dioxide (UO2) powder, fuel bundles, and reactor components. The company serves nuclear utilities across North America, Europe, and Asia. Additionally, Cameco holds significant ownership interests, including a 49% stake in Westinghouse Electric Company, a major nuclear reactor technology original equipment manufacturer and service provider, and a 49% stake in Global Laser Enrichment (GLE), which is developing third-generation uranium enrichment technology.

Recent notable developments include the temporary suspension of mining at its Cigar Lake operation in July 2026 due to an issue at Orano's McClean Lake mill's sulfuric acid plant, though Cameco does not currently expect this to impact its 2026 production outlook. In July 2026, Cameco also increased its ownership in the Cigar Lake Joint Venture. The company's leadership includes Tim Gitzel as CEO, President, and Director, Catherine Gignac as Chairwoman, Grant Isaac as President and COO, and Heidi Shockey as SVP and CFO. Cameco is strategically positioned to capitalize on the increasing global demand for nuclear energy and strong governmental support for clean energy initiatives.