Russian Uranium Import Ban Sends Shockwaves Through Energy Markets
Wednesday, 1 May 2024 () With shares of CCJ tumbling earlier today after the company reported soggy Q1 earnings, despite its recent initiating coverage report by an enthusiastic Goldman Sachs which sees the Uranium company at the forefront of the "Next AI trade" and slapped it with a $55 price target (as we reported previously), the uranium trade suddenly found itself in need of a miracle. It got that after hours, when the Senate voted late on Tuesday to approve legislation banning the import of enriched uranium from Russia - the same Russia which supplies 25% of the uraniumβ¦
Biden Signs Bill , Banning Russian Uranium Imports.
The U.S. president signed the bipartisan bill into law on March 13, 'The Guardian' reports. .
The measure is viewed as another avenue of pressure..
Credit: Wibbitz Top Stories Duration: 01:31Published
Controversial Grand Canyon , Uranium Mining , to Continue Despite Concerns.
Fox News reports that the United States' largest
uranium producer is ramping up mining operations
just south of the Grand..
Credit: Wibbitz Top Stories Duration: 01:31Published
Wednesday, 1 May 2024 ()
![Biden Signs Bill Banning Russian Uranium Imports [Video]](https://video.newsserve.net/300/v/20240514/1375472080-Biden-Signs-Bill-Banning-Russian-Uranium-Imports.jpg)
![Controversial Grand Canyon Uranium Mining to Continue Despite Concerns [Video]](https://video.newsserve.net/300/v/20240401/1371536794-Controversial-Grand-Canyon-Uranium-Mining-to-Continue-Despite.jpg)
