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Cameco ( (TSE:CCO) ) has shared an announcement.
Cameco announced that production at the Inkai joint venture in Kazakhstan has resumed after a suspension. Along with its partner Kazatomprom, Cameco will assess how the disruption affects their 2025 production plans. This development may impact Cameco’s operational strategy and market positioning, considering the various geopolitical and regulatory risks involved in Kazakhstan.
More about Cameco
Cameco is a key player in the uranium mining industry, providing essential products for nuclear energy production. The company is focused on uranium extraction and operates in various international markets, aiming to supply the growing demand for nuclear fuel.
YTD Price Performance: 7.36%
Average Trading Volume: 4,008,117
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $24.3B
Learn more about CCO stock on TipRanks’ Stock Analysis page.
