Fuel Supply Gap Could Hold Back U.S. Nuclear Energy Renaissance [Yahoo! Finance]
Centrus Energy Corp. Class A (LEU)
NASDAQ:AMEX Investor Relations:
investors.centrusenergy.com/investor-relations
Company Research
Source: Yahoo! Finance
2050, and a looming ban on Russian nuclear fuel imports could create a bottleneck in the nuclear fuel supply chain, according to U.S. enrichment company Centrus Energy. The American supplier of the key nuclear fuel is expanding domestic enrichment capacities, and so are other major Western firms. But until the new plants come online early next decade, the U.S. could face a supply gap in the fuel, Amir Vexler, chief executive at Centrus Energy, says. Supply Crunch? “It is my strong belief that there is a gap between supply and demand for the existing market — just the operating reactors that we have now,” Vexler told the Financial Times “I feel the market is strained and will continue to be strained until large amounts of new capacity are going to come online and that will be in the next decade,” the executive added. If a shortage of enriched uranium fuel materializes, it could stymie the Trump Administration's ambitious plan to “unleash America's next nuclear renaissance” by
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News
- Centrus Energy Expands HALEU Role As Russian Ban Reshapes Uranium Supply [Yahoo! Finance]Yahoo! Finance
- 1 Stock to Buy Now as Experts Warn of a Looming Uranium Supply Crunch [Yahoo! Finance]Yahoo! Finance
- Centrus (LEU) Is The Pick If You Want Uranium Stocks, Says Jim Cramer [Yahoo! Finance]Yahoo! Finance
- Centrus Energy vs Cameco: Which Uranium Stock Has an Edge Right Now? [Yahoo! Finance]Yahoo! Finance
- Centrus Energy (LEU) Price Target Lowered by $67 at Citi [Yahoo! Finance]Yahoo! Finance
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