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BenAris
@bneeditor
19h
Uranium Tears
Centrus, the largest nuclear energy company in the United States, has announced its intention to petition relevant government agencies. They highlighted that the ban on Russian uranium imports is unacceptable to them, and they plan to continue supplying their clients while safeguarding the interests of the entire American nuclear industry. The company aims to request the U.S. authorities to make an exception for them.
Nuclear power plants account for 29% of all power stations in the States, yet the country produces little fuel for them. Recently, the U.S. reported that it had managed to produce 200 pounds (90 kg) of enriched uranium for the first time, and by the end of the year, this figure is expected to reach 1 ton. However, this is still nearly 700 times less than what they import from Russia. Therefore, Centrus' request seems quite reasonable, and the chances of achieving it are real. The law approved by the Senate includes a provision allowing exceptions to the ban until 2027 if it serves the "national interests" of the States.
Via multiple markets
May 11, 2024 · 8:42 AM UTC
https://twitter.com/bneeditor/status/1789214438584709361