Biden Alienates Russia and China From Uranium Trade Relations

In January 2024, the United States Department of Energy (DoE) issued a request for proposals (RFP) for uranium enrichment services to meet President Biden’s goal of net-zero emissions by 2050. Uranium, a clean nuclear energy source, is becoming increasingly relevant. Uranium stocks are rising, and future demand for the metal is set to increase as nations like the U.S. begin testing new types of nuclear reactors. As Washington prepares to expand domestic uranium production, it should be looking to further cooperation with countries that wield extensive uranium reserves, namely Kazakhstan.

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