Resources Top 5: US wants to spend $US4.4bn on local enriched uranium, all the ASX stocks fly

Resources Top 5: US wants to spend $US4.4bn on local enriched uranium, all the ASX stocks fly

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US is reportingly seeking US$4.4bn to buy enriched uranium directly from domestic producers

On the ASX it is a sea of green for the uranium cohort, led by GTI, 92 Energy and Peninsula

American West Metals receives “best assays to date” — a 105m-long interval of high-grade zinc and copper Here are the top small cap resources movers in early trade, Wednesday June 8. ALL THE URANIUM STOCKS The US is reportedly seeking $US4.4bn to buy enriched uranium directly from domestic producers in efforts to wean itself from Russian supply.“Still, it won’t be easy for the US to jump-start the domestic uranium industry,” writes Bloomberg’s Ari Natter .“The country has only one remaining commercial enrichment facility — a New Mexico plant owned by Urenco Ltd, a British-German-Dutch consortium.”It didn’t stop the Global X Uranium ETF jumping as much […]

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