NexGen has facilitated the establishment of a 100% Indigenous owned and operated gravel supply company in Northwest Saskatchewan. The Clearwater River Dene Nation (“CRDN”) member owned business stems from NexGen’s industry-leading Impact Benefit Agreement with the CRDN signed in March 2022, and is focused on economic development that builds capacity and employment opportunities for members and member-owned businesses.
The aggregate supply for NexGen’s Rook I Project alone has a capital expenditure representing an estimated $36M in value to the new CRDN-owned business in the first three years of construction of the Project. In 2023, the Company crushed a total of 73,400 metric tonnes at the Rook I Site. This business is employing up to 16 local people, filling a gap in the economic development capacity of the north western part of Saskatchewan to benefit the communities at large by providing aggregate supply.
“The establishment of the gravel supply company is a testament to NexGen's commitment to creating meaningful and sustainable economic opportunities for Indigenous communities in the local area.”
Chief Teddy Clark – CRDN
"This business opportunity delivers three key initiatives, aggregate for roads and the foundations for Rook I permitted site works scheduled to commence in summer 2023, much needed road aggregate repair for the communities in the wider local project area, and scalability and longevity to provide positive outcomes for many people including training and employment. Further, it demonstrates NexGen's industry leading approach to community advancement and engagement with local community partners, and confirms the Company's long-standing track record of maximizing opportunities for its stakeholders."
Leigh Curyer, NexGen Energy Chief Executive Officer
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