ENERGY MINERALS

US investing $2.7B in domestic supply of low-enriched uranium

The country looks to boost its domestic supply following its ban on Russian imports

EnCore's operations at Alta Mesa in Texas, US. Credit: enCore Energy

EnCore's operations at Alta Mesa in Texas. The company is the only uranium producer in the US with multiple production facilities in operation. Credit: enCore Energy

The US plans to buy US$2.7 billion in low-enriched uranium to boost its domestic nuclear fuel supply chain. The action aims to spur the build-out of uranium capacity in the country, promote diversity...

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