There is great potential for several new uranium production markets as the U.S. and Europe look to diversify away from Russia for new nuclear energy pursuits. The U.S. and several European countries have announced ambitious nuclear power plans for the coming decades, in support of a green transition. However, the lack of uranium production outside of Russia is posing a threat to achieving these plans. Sanctions introduced on Russian energy and other products, following the 2022 Russian invasion of Ukraine, have led to global shortages of natural…

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