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Chart of the Day: US Uranium Production Declined Substantially after 2014
Summary
Figure (1) above shows US production of uranium concentrate since 2000. It shows that US production started declining in 2015 and continued to decline in minuscule amounts after 2018. It is worth noting that the data was withdrawn during COVID-19 in 2020 and 2021. Data for 2024 is only for the first quarter.
EOA’s Main Takeaway
Uranium is back in the news. Here are some headlines:
Biden signs into law ban on Russian nuclear reactor fuel imports
US to offer up to $3.4 billion for nuclear fuel makers in June
Biden banned Russian uranium imports. Here’s why Utah will feel that.
GTI Energy welcomes US legislation banning the import of Russian uranium