India :) Long term market referenced contract with Cameco being...

India Long term market referenced contract with Cameco being signed this week rumor will really put the cat among the pidgins

It was a tiny 7.1 million pounds of uranium concentrate under a long-term contract through 2020 (signed in 2015) Cameco Announces Contract With India To Provide Uranium For Electricity Generation | Cameco

The Date 20th of June will be fun as $200,000,000 of buying " Trust to acquire physical uranium in the form of uranium oxide in concentrates and uranium hexaflouride". The news at Sprott got out of date in hours of this one
Sprott Physical Uranium Trust Announces US$100 Million Bought Deal Financing | Sprott

Back on India.

Projected Demand

India’s nuclear expansion plans—targeting 100 GW by 2047—will require a dramatic increase in uranium supply:

• Current fleet (7.5 GW): Needs ~600–700 tonnes of yellowcake annually.

• Future fleet (100 GW): Could require 10,000–12,000 tonnes per year, depending on reactor types and fuel cycles.

The Laggards who will be caught short of fuel are going to make this a fun space for miners for a long time.

China has taken a big head start in preparing for its nuclear fuel needs. India is getting set this week and many of the rest are still on holidays