Congress Restricts Russian Uranium Imports, Unlocks $2.7 Billion for Domestic Fuel

MAY 08, 2024

The bill allows the energy secretary to issue waivers but aims to wean the U.S. off Russian nuclear fuel.

Once the restriction is in place, the Department of Energy is permitted to spend up to $2.72 billion to support domestic production of LEU and high-assay low-enriched uranium (HALEU), which is a more concentrated fuel intended for use in prospective advanced reactors.


Yep, Lithium struggling to build momentum, but it will, China has used up most of its reserves, and Cos like CXO halted production.
####Reckon our next sugar fix may come from Yellow Cat & Uranium.
News just at a perfect time… and we are close to drilling/ proving a resource and can fast track Yellow Cat into production by tolling to local mill. Hmmm- instant cash, like it!