Wednesday, 11 January 2023

Investor Alert: $4.3B to Prop Up Domestic Uranium Market?

Elon Musk Warns: Nuclear Power is Essential for National Security and Energy Independence…

Will the Russia-Ukraine War Revive America's Dormant Uranium Industry?

Nuclear power is currently staging a strong comeback. Politicians on both sides of the aisle view it as a way to help solve the energy crisis. Even tech billionaires are investing billions on nuclear start-ups.

But nuclear's revival hinges on obtaining sufficient uranium, the yellow metallic fuel that powers nuclear plants.

Unfortunately, the U.S. relies on Russia for nearly 50% of the uranium we need. With the Russia-Ukraine war in full swing, this is a threat to our national security and ability to meet clean energy goals.

That's why, among other incentives, the U.S. is pushing a $4.3 billion plan to support the U.S. uranium sector and "wean" our country off Russian supply.

See How Investors Could Benefit From New Support for the Domestic Uranium Market

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