09
Sep
Chamwe Kaira Bannerman Energy Ltd, developer of the Etango uranium project, has signed two binding contracts to sell one million pounds of uranium oxide over five years from 2029 to 2033. The offtake agreements were concluded with two tier-1 North American power generation companies. The company said the agreements provide delivery flexibility, allowing it to preserve capacity ahead of a final investment decision at Etango. It added that the contracts include market-related pricing components designed to capture higher forecast uranium prices. Each agreement also allows the utilities to flex volumes up or down by 10% annually. Bannerman stated that the…
