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Other liabilities
 12 Months Ended
Dec. 31, 2024
Other liabilities [Abstract]  
Other liabilities
15.
 
Other liabilities
2024
2023
Deferred sales [notes 18, 31]
$
106,569
$
45,372
Derivatives [note 26]
143,609
22,344
Accrued pension and post-retirement benefit liability [note 25]
78,674
77,002
Lease obligation
9,839
10,816
Product loan
(a)
177,623
166,052
Sales contracts
4,304
6,314
Other
64,699
64,064
585,317
391,964
Less: current portion
(221,820)
(48,544)
Net
$
363,497
$
343,420
Expenses related to short-term leases and leases of low-value assets were insignificant during 2024
.
(a) The Company has standby product loan facilities with various counterparties. The arrangements allow it to borrow up to
1,768,000
 
kgU of UF
6
 
conversion services and
4,940,000
 
pounds of U
3
O
8
 
by September 30, 2027 with repayment in kind up to
December 31, 2027
. Under the facilities, standby fees of up to
1.5
% are payable based on the market value of the facilities
and interest is payable on the market value of any amounts drawn at rates ranging from
0.5
% to
3.0
%. At December 31, 2024,
we have
1,567,000
 
kgU of UF
6
 
conversion services (December 31, 2023 -
1,777,000
 
kgU) drawn on the loans with repayment
in the following years:
2025
2026
Total
 
kgU of UF
6
318,000
1,249,000
1,567,000
We also have
2,506,000
 
pounds of U
3
O
8
 
(December 31, 2023 -
2,756,000
 
pounds) drawn with repayment in the following
years:
2025
2026
Total
 
lbs of U
3
O
8
630,000
1,876,000
2,506,000
The loans are recorded at Cameco’s weighted average cost of inventory.