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NexGen Energy in Talks with BHP For Equity Partnership in Canadian Uranium Project

MT Newswires·08/18/2026 00:00:57
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12:00 AM EDT, 08/18/2026 (MT Newswires) -- NexGen Energy is in discussions and is sharing technical information with BHP Group (BHP.L, BHG.JO) for a potential ⁠equity partnership in the former's Rook I mining project in Saskatchewan, Canada, Reuters reported Monday, citing NexGen's Chief Executive Officer Leigh Curyer. NexGen Energy plans to raise $1 billion in capital for the project over the next nine months through prepayment deals, debt financing and direct equity, the report added. The project is anticipated to commence production by 2030.