Uranium Week: US Infrastructure Bill Passed

This story features BOSS ENERGY LIMITED. For more info SHARE ANALYSIS: BOE

As the spot uranium price stayed relatively flat last week, support for the nuclear industry comes from one of the largest infrastructure packages in US history.

-US infrastructure bill support for threatened nuclear facilities
-Kazatomprom moves joint venture forward
-Who will be Australia’s next uranium producer? -Uranium spot price rises less than 1% for the week The US$1.2tr Infrastructure Investment and Jobs Act was signed into law last week.The bill provides US$6bn in US Department of Energy funding to support nuclear facilities that are under economic threat of premature closures.The new legislation also appropriates US$2.4bn of funding for micro reactors, small modular reactors (SMRs) and advanced reactors, while an additional US$3.2bn is authorised through to 2027. Company news Kazatomprom, the world’s largest producer of uranium, has approved a Life of Mine plan for the […]

Click here to view original web page at www.fnarena.com

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.