UK Seeks to Dent Russia’s Monopoly of Uranium-Fuel Market

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Russia,Nuclear Fuel,Uranium Isotopes

(Bloomberg) -- The UK stepped up efforts to break Russia’s monopoly over a uranium-fuel market that’s expected to play a key role in a powering a new...

-- The UK stepped up efforts to break Russia’s monopoly over a uranium-fuel market that’s expected to play a key role in a powering a new generation of small, factory-built reactors.The Kremlin’s nuclear giant Rosatom Corp. is currently the world’s only commercial supplier of high-assay, low-enriched uranium, known as HALEU.

The US uranium enrichment industry is in line to get $2.7 billion infusion in a government funding bill unveiled in March, reflecting efforts to wean the nation off nuclear fuel imported from Russia. Underscoring the need for alternative HALEU suppliers, the US paid $150 million to Centrus Energy Corp. to produce just 20 kilograms last year.

The judge in Trump's criminal trial agreed to cancel court proceedings on May 17 so the former president could be in West Palm Beach with his son and familyReuters/Marco BelloFederal Judge Aileen Cannon announced Tuesday she was indefinitely postponing Donald Trump’s classified documents trial in Florida, putting the case on ice less than three weeks before it was slated to begin.The announcement likely means the case will not be tried until after the 2024 election.

Brendan McDermid/Pool/AFP via GettyDonald Trump has booked a one-way ticket to jail, and the judge overseeing his ongoing New York criminal trial on Monday said he’s ready to send him there at any moment.New York Supreme Court Justice Juan Merchan started the fourth week of Trump’s trial with a speech that’s more than a year in the making, explaining why he hasn’t yet thrown the politician into the slammer—making what he called his final warning to the former president.

 

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UK Seeks to Dent Russia’s Monopoly of Uranium-Fuel MarketThe UK stepped up efforts to break Russia’s monopoly over a uranium-fuel market that’s expected to play a key role in a powering a new generation of small, factory-built reactors.
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