Uranerz (URZ) Signs Uranium Supply Contract With Exelon (EXC)
Uranerz just announced that it has signed a uranium supply contract with Exelon Generation Company, LLC. The contract covers a 5-year period includes defined pricing each year. In the press release announcing the deal, no other details about the agreement were forthcoming. If you have more information about the terms, feel free to leave a comment!
However, Uranerz investors will probably be happy to know that the company continues to look for other uranium sales agreements to improve its portfolio, seeking a balance between fixed price contracts and market-related contracts.
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