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Canada close to uranium deal with India worth $2.8 billion, Globe and Mail reports

Canada and India are close to finalizing a uranium export agreement in a deal valued at about US$2.8 billion, the Globe and Mail reported on Monday, citing people familiar with the matter.The deal for Canada to ship uranium to India would run for 10 years if finalised, the report said.Reuters could not immediately verify the report.

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Published: November 25, 2025, 07:15 AM
Canada close to uranium deal with India worth $2.8 billion, Globe and Mail reports

Canada and India are close to finalizing a uranium export agreement in a deal valued at about US$2.8 billion, the Globe and Mail reported on Monday, citing people familiar with the matter.

The deal for Canada to ship uranium to India would run for 10 years if finalised, the report said.

Reuters could not immediately verify the report.