The U.S. government may soon implement an import quota for uranium used by power generators in response to the section 232 “national security” review of the uranium sector. A decision may be delayed beyond a Jul. 13 deadline to fit uranium into a wider critical minerals sourcing strategy. The increased use of more expensive domestic resources will add “more cost to an already difficult situation” for U.S. utilities that “are already facing challenges competing against cheap natural gas” according to Kazatomprom’s CEO, Galymzhan Pirmatov. U.S. ...
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