Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: Sparky1776
A Texas company bought Uranium One from Russia in December 2021.

Uranium Energy Corp Completes Acquisition of Uranium One Americas to Create America's Largest Uranium Mining Company

2 posted on 02/27/2023 7:00:51 AM PST by DannyTN
[ Post Reply | Private Reply | To 1 | View Replies ]


To: DannyTN

The rest of the story:

“Russia has the world’s largest uranium enrichment complex, accounting for almost half the global capacity, but it is a relatively small uranium producer with only six percent of the global supply in 2020. In fact, Russia mines less uranium than it exports to the United States and the EU—for instance, in 2020, it mined 2,800 tonnes while exporting 3,100 and 2,500 tonnes to the United States and the EU, respectively. This is possible because most of the uranium Russia exports is bought from Kazakhstan—a country that is landlocked and ships its uranium to Europe and the United States through Russia. Kazakhstan is the world’s largest uranium producer with 19,500 tonnes in 2020….”

Kazakhastan supplies Russia with all the uranium it needs, that said , Russia has vast reserves in Siberia. Uranium supply is much different than enrichment facilities, of which Russia has an abundance.


4 posted on 02/27/2023 7:11:31 AM PST by delta7
[ Post Reply | Private Reply | To 2 | View Replies ]

To: DannyTN

Thanks for the update on the sale of Uranium One, Wikipedia doesn’t reflect that. I found this interview from their CEO, interesting. https://www.youtube.com/watch?v=xrYZRIpVHq8


6 posted on 02/27/2023 7:55:05 AM PST by Sparky1776
[ Post Reply | Private Reply | To 2 | View Replies ]

To: DannyTN

thanx for this info


7 posted on 02/27/2023 9:23:56 AM PST by thinden (buckle up ....)
[ Post Reply | Private Reply | To 2 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson