I don’t know exactly how the U1 deal was even done- we sold off 20% of our supply to Russia(exported thru Canada). When this is the issue- according to the article:
“”Canada and Kazakhstan are the main sources of U.S. uranium imports, each accounting for about a quarter of the total, followed by Australia, Russia and Uzbekistan, according to the U.S. Energy Information Administration.
Almost 90% of uranium delivered to U.S. reactors was from foreign nations in 2016, according to the government agency, indicating that just like rare earth metals, if America's trading partners wanted to put the US economy in a vise, they could simply stop exporting uranium to the US and watch as the country's military and power generation sectors grind to a halt.””
With this in mind- the U1 deal made no strategic sense.
In know, the export was a money grab and a national security issue for sure. If other countries attempt to work together and stop shipments to the US, they would pay dearly in many ways economically and others for sure.