Uranium Week: US Infrastructure Bill Passed

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 […]

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