NexGen Energy (NXE.US) announced on Wednesday that it has signed its first batch of uranium supply contracts with several nuclear power companies in the USA, totaling 5 million pounds of uranium, using a market pricing mechanism at the time of delivery.
According to Zhitong Finance APP, Canadian uranium producer NexGen Energy (NXE.US) announced on Wednesday that it has signed its first batch of uranium supply contracts with several nuclear power companies in the USA, totaling 5 million pounds of uranium, using a market pricing mechanism at the time of delivery.
NexGen stated that these contracts reflect the company's focus on maximizing future uranium prices and positioning itself as a reliable new source of nuclear fuel in the West.
NexGen stated that it is still in negotiations with other utility companies in the USA, Europe, and Asia.
NexGen CEO Leigh Curyer said: "Signing purchase contracts with major utility companies in the USA is a key moment for NexGen, highlighting the outstanding quality and scalability of the Rook I project."
As of the time of this report, NexGen is up 6.03% in pre-market trading, priced at $8.61.