05-02-2024, 05:26 PM
https://menafn.com/1108164381/Billiondollarbreaks-Uranium-Energy-Corp-NYSE-American-UEC-Responds-To-Senate-Passing-Of-Bill-Banning-Russian-Uranium-Imports
Quote:Sponsors of the bill noted that the legislation is focused on ending America's reliance on Russian nuclear fuel and will also help defund Russia's war machine, revive American uranium production and jumpstart investments in America's nuclear fuel supply chain. The bill is also designed to unlock $2.72 billion to ramp up domestic uranium fuel production.
“We thank both chambers of Congress for passing this bipartisan bill that demonstrates the U.S. commitment to nuclear energy, the carbon-free energy source that powers one in every five homes in America,” said Uranium Energy president and CEO Amir Adnani in the press release.“Upon enactment, this will strengthen United States.