Uranium & Fuel

Uranium / Sector Saw 60% Surge In Spending In 2022 Due To Renewed Interest In Nuclear

By David Dalton
11 July 2023

IEA report points to major uncertainties for supply in light of Russia’s invasion of Ukraine

Sector Saw 60% Surge In Spending In 2022 Due To Renewed Interest In Nuclear
The so-called yellowcake is obtained through the milling and chemical processing of uranium ore.
Uranium saw a significant surge in spending by 60% in 2022 due to renewed interest in nuclear power amid concerns over Russian supplies, the International Energy Agency said in a report.

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