Discussion with Grant Isaac | Cameco Corporation (NYSE:CCJ) | Nuclear Energy Services | Uranium

This SmithWeekly Discussions podcast features an interview with Grant Isaac, President and COO of Cameco Corporation, who provides updates on the company's performance, particularly the 3Q 2025 results, and discusses the outlook for 2026. Grant emphasizes Cameco's commitment to reliability and discipline in the nuclear fuel cycle, highlighting the strong fundamental setup for nuclear energy, driven by increased demand and constrained supply. The discussion covers Cameco's strategic patience, brownfield leverage, vertical integration, and the importance of securing long-term contracts. Grant also addresses Cameco's financial position, uranium mining assets, and the potential for expansion, while cautioning against relying on overly optimistic projections from junior companies. The conversation further explores secondary supply dynamics, potential M&A opportunities, and the role of nuclear energy in meeting growing energy demands, particularly with the AP1000 reactor technology.