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. The company is the only uranium producer in the US with multiple production facilities in operation. 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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