US Uranium mines spring back to life amid global demand surge and geopolitical tensions
In response to surging global demand for uranium, previously abandoned mines across the US are resuming operations. Five American producers are revitalizing sites in Wyoming, Texas, Arizona, and Utah, where production halted post-Fukushima. The nuclear energy revival comes as countries focus on emissions targets, causing uranium prices to soar. Despite top producers facing setbacks, the industry anticipates an upswing, with small mines reopening. As the world grapples with geopolitical uncertainties, the US industry aims to secure its supply and address the pressing need for new, major mines to meet escalating demand.
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By Jacob Lorinc and Maria Clara Cobo
Across the US and allied countries, owners of left-for-dead uranium mines are restarting operations to capitalize on rising demand for the nuclear fuel.
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