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Cameco Says South Korea Plans $120 Bln Investment In U.S. Nuclear Projects
Source: Nasdaq
Infrastructure & DefenseEnergy Markets & PricesTechnology & InnovationCompany Fundamentals
The U.S. and South Korea announced a framework anticipating $120 billion of Korean investment to construct nuclear reactors using Westinghouse technology and designs. The planned nuclear buildout is a positive demand signal for uranium producer Cameco and could support the broader nuclear-power supply chain, though project timing and final commitments were not provided.
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