Cameco and Orano Sign $500 Million, 15-Year Air Transportation Agreement with Indigenous-Owned Rise Air

CCJ
October 04, 2025

Cameco Corporation and Orano Canada Inc. have finalized a landmark 15-year agreement, valued at approximately $500 million, with Rise Air. Rise Air is an Indigenous-owned airline, and this agreement will provide essential workforce transportation services for northern Saskatchewan operations.

This long-term contract underscores Cameco's commitment to local Indigenous communities and ensures reliable logistical support for its key mining operations in the region. The substantial value and extended duration of the agreement highlight its strategic importance for both the company and Rise Air.

The partnership is expected to enhance operational stability by securing critical transportation services for personnel, contributing to the efficiency and continuity of Cameco's activities in northern Saskatchewan. This collaboration also represents a significant economic benefit for the Indigenous-owned airline.

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