BHP in talks with NexGen Energy over equity for Rook I
NexGen Energy has begun construction on the Rook I uranium project and plans to raise about $1 billion over the next nine months through prepayments, debt or direct equity. It reports roughly CAD 970.25 million in cash and short-term investments as of June 30, 2026. CEO Leigh Curyer said talks with BHP on Aug. 17 could involve an equity stake and financing for the mine.