It is not only the USA that has its eye on the nuclear industry, but the USA in particular.
The U.S. is working hard to expand the domestic uranium supply chain. Progress on next-generation nuclear power projects will be accelerated, not delayed. To reduce emissions, the U.S. is doubling nuclear power generation. Demonstration projects for more advanced smaller nuclear reactors will be supported. After all, these are supposed to be more efficient. For this to succeed, uranium is needed. After the Russian invasion of Ukraine, the U.S. found that hardly any of the fuel needed to run the U.S. nuclear fleet came from domestic producers. U.S. nuclear utilities still get just under half of the uranium they consume from Russia, Kazakhstan and Uzbekistan. The dependence on Russian state-owned enterprises for nuclear fuel should be eliminated. An economically viable and stable domestic fuel supply chain is needed.
It is not only the USA that has recognized the urgency for nuclear energy and sufficient supplies of uranium. Nuclear power plants are being built all over the world, and Germany is again relying on nuclear power. How long remains to be seen. Whether it will really end in this country on April 15, 2023, we will see. According to a survey, the majority of Germans are in favor of continuing to operate the three remaining nuclear power plants, even for the time after April 2023. Uranium companies such as Uranium Energy or IsoEnergy are responsible for uranium supplies.
IsoEnergy wholly owns several prospective uranium projects in the eastern Athabasca Basin in Saskatchewan.
Uranium Energy – https://www.youtube.com/watch?v=D1RHYXrOVqo – owns environmentally friendly and low-cost uranium projects, some ready to go, in the U.S. and in Canada, Saskatchewan.
Current company information and press releases from Uranium Energy (- https://www.resource-capital.ch/en/companies/uranium-energy-corp/ -) and IsoEnergy (- https://www.resource-capital.ch/en/companies/iso-energy-ltd/ -).
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
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