CAMECO CORP
For the period ended Dec 31, 2025. Filed Mar 19, 2026.
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The yearly report of certain Canadian companies, filed under a joint US and Canadian system. It is the main yearly account these companies give US investors, largely as filed in Canada.
FY2025 · Filed Mar 19, 2026
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CCJ$71.30+4.3%Stored close · as of Nov 6, 2026
Contents
EX-99.1 · Managing our contract commitments
Managing our contract commitments
We allow sales volumes to vary year-to-year depending on:
| • | the level of sales commitments in our long-term contract portfolio; |
| • | market opportunities; and |
| • | our sources of supply. |
To meet our delivery commitments and to mitigate risk, we have access to a number of sources of supply, which includes uranium obtained from:
| • | our productive capacity; |
| • | purchases under our JV Inkai agreement, under long-term agreements and in the spot market; |
| • | our inventory in excess of our working requirements; and |
| • | product loans. |
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