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US produces most uranium since 2018, EIA says

From miningweekly.com

The US produced more uranium concentrate, which is used to fuel nuclear reactors, in the last three months of 2024 than it had in any quarter in the last six years, the US Energy Information Administration said on Wednesday. Higher prices of uranium and the resumption of production at the White Mesa Mill in Utah, which is the country's only active uranium mill, spurred the output increase, the EIA said in a report. The rise of US electricity demand brought by data centres, onshored manufacturing and the electrification of transportation and buildings has renewed interest in power supplied by the country's ... (full story)

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  • Category: Fundamental Analysis