World’s top uranium miner seeks to boost exports to US

by Bloomberg Mar 26, 2024

Kazakhstan, the world’s largest uranium miner, is conducting “active work” to boost exports of the metal to U.S. energy companies.

The country’s energy ministry said cooperation in the energy sector had been discussed at a meeting with U.S. Senator Steve Daines on Tuesday. The nation already has contracts to supply uranium products until 2032 with firms including Southern Co., Constellation Energy Corp. and Duke Energy Corp., it said.

Interest in the radioactive metal has surged amid a growing supply gap and increased demand as governments worldwide turn to nuclear power to counter climate change. In addition, the US is looking to ban imports of enriched Russian uranium — the kind used to fuel nuclear reactors and weapons — raising the appeal of potential alternative suppliers.

Bloomberg

{afn_job_title}

Similar Stories

Daphne Technology and Williams secure DOE grant to advance methane emission reduction technology

Daphne Technology, in partnership with Williams, has announced the award of a grant worth nearly $6M from the U.S. Department of Energy's (DOE) Methane Emissions Reduction Program (MERP).

View Article

https://www.ajot.com/images/uploads/article/am-solar-prize-round8-hero.jpg

Solar Prize Round 8 semifinalists & power up contest winners

View Article

Biofuel can deliver significant GHG emissions reductions but future uptake could be hampered by supply, says DNV

According to DNV’s latest white paper “Biofuels in Shipping”, key biofuels like FAME and HVO have great potential for reducing greenhouse gas (GHG) emissions and supporting compliance with maritime regulations,…

View Article