Western Uranium Adds Processing Capabilities to Uranium and Vanadium Project

Dean Bristow February 16, 2023 No Comments The North American uranium market is heating up. In December 2022, the US Department of Energy National Nuclear Security Administration aw arded its first contracts for the US strategic uranium reserve. The reserve is intended to be a backup source of supply for US nuclear power plants in the event of a significant market disruption. Remarkably, this was actually passed by Congress in 2020, well before one of the world’s dominant players in the uranium market alienated most of the world with its incursion into Ukraine.

Typically I don’t like to give self-serving bureaucrats much credit, but at least they got this one right and on a timely basis. Ever since Russian President Vladimir Putin began his “special military operation”, or war for those of us who aren’t worried about 15 years in a Russian prison for calling it that, uranium supply has […]

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