Business

Ottawa close to uranium deal with India worth $2.8 billion: report

echovera
25November

Canada and India are close to finalizing an export agreement in a deal valued at about $2.8 billion, the Globe and Mail reported on Monday (November 24, 2025), citing people familiar with the matter.


The deal for Canada to ship uranium to India would run for 10 years if finalized, the report said, adding that uranium would be supplied by Canada’s Cameco Corp. The deal could be part of a broader nuclear cooperation effort between the two countries, the report said.

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