America is on the Brink of Losing its Ability to Produce Nuclear Fuel - 2020

Uranium (Nuclear Minerals) / Exploration, Mining, Marketing, & Acquisitions

The U.S. is the world’s largest consumer of uranium.  It powers America’s nuclear Navy, is the foundation of our nuclear deterrent and fuels our nuclear power plants. The nuclear plants in the U.S. produce about 20% of the electricity, 55% of carbon-free electricity, and demands about 50 million pounds of uranium per year.

Foreign State-owned Companies Dominate the Nuclear Fuel Supply Chain

Uranium goes through several processes to become nuclear fuel. However, the American nuclear fuel supply chain is on the verge of collapse. At the same time, foreign state-owned companies are expanding their capabilities to dominate the global nuclear industry and marginalize the U.S.

The U.S. Must Act Now to Save the Nuclear Industrial Base

The uranium indytsry is pushing the WH to recognize the precarious position of the U.S. national security supply chain for nuclear fuel. In July 2019,the WH established the U.S. Nuclear Fuel Working Group to recommend solutions for this crisis. The U.S. supply chain needs immediate relief. The U.S. government is already working to reestablish uranium enrichment capacity. The Trump administration must act now to save uranium mining, milling and conversion before these capabilities disappear.

 In 2019:

• U.S. miners provided less than 1% of U.S. needs. Without immediate action, U.S. production will be near zero in 2020 and facilities will begin to shut down permanently.
• The only U.S. conversion facility suspended operations in 2017, and without immediate action, it is at risk of soon shutting down permanently.
• The U.S. has not had an enrichment facility for defense since 2013. Foreign entities own the one U.S. enrichment facility, but it is unable to supply U.S. defense needs.

Short Video: "Our Dangerous Reliance on Russia"  http://domesticuranium.org/resources/#fact_info

Short Video: "The China Threat" http://domesticuranium.org/resources/#fact_info 

Short Video: http://domesticuranium.org/resources/#fact_info 

The above sponsored by UR Energy and EF Energy Fuels