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  5. CCO: Is Russia restricting (or banning) exports of enriched uranium to NATO countries? [Cameco Corporation]

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Q: Is Russia restricting (or banning) exports of enriched uranium to NATO countries? Do you know if Kazakhstan is also restricting exports since they are the world's top exporter and a client state of Russia. Russia produces uranium at roughly 10% of the amount produced by Kazakhstan. I understand CCO purchases uranium from Kazakhstan. Is this a good time to purchase CCO or would you wait until Trump enters the White House? If Trump accedes to Putin's demands possibly the uranium restrictions would be lifted leading to weakness in CCO's stock? I do find it hard to imagine NATO countries returning to their pre-war acceptance of Russia and its exports in spite of any Trump Putin peace deal. Any thoughts you have would be appreciated.
Regards,
Jim
Asked by James on November 22, 2024
5i Research Answer:
Right now, uranium shipments from Russia are 'stalled' after Russia pulled the export licence...
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