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Sunday, July 14, 2019

Trump may just have saved Malawi uranium Industry

Uranium demand is the big winner as US President rejects import cap - Stockhead: US President Donald Trump has rejected a cap on uranium imports, bringing the long-running (and very disruptive) Section 232 investigation to a close for now.

The investigation was sparked by two domestic companies calling for limits on the amount of uranium that US nuclear plants sourced from overseas, citing national security concerns.

The US currently imports about 93 per cent of its commercial uranium, compared to 85.8 per cent in 2009.

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