"“The cumulative risks to the supply of nuclear fuel are significant and that to break the dependence on Russia and other state-owned enterprises, coordinated western responses are required,” said Veronica Baker, a spokeswoman for Canada’s Cameco Corp., one of the world’s biggest uranium miners.

“We don’t have enough enriched uranium here,” Chris Gadomski, head nuclear analyst for BloombergNEF, said in an interview. “They should have been stockpiling enriched uranium in anticipation of this happening.”

While the Biden administration has launched a multibillion-dollar effort to restart the nation’s domestic uranium enrichment capabilities, it is still in its nascent form. The US has just one commercial enrichment facility in New Mexico, which is owned by a British, Dutch and German consortium, Urenco Ltd.

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From

Russia Temporarily Limits Nuclear-Fuel Shipments to US

Big smiles for the weekend