It’s just the war making Russian gas undesirable for meeting our (western world) energy needs causing our use of Uranium for nuclear reactors to skyrocket. This usage boost of course causes prices to rise. Especially since supply is limited. Factor in also that we’re moving towards winter time and we have the explanation for the recent spike, nations competing trying to fill their stockpiles.
It’s just the war making Russian gas undesirable for meeting our (western world) energy needs causing our use of Uranium for nuclear reactors to skyrocket. This usage boost of course causes prices to rise. Especially since supply is limited. Factor in also that we’re moving towards winter time and we have the explanation for the recent spike, nations competing trying to fill their stockpiles.
Russia is one of the major uranium producers, and it’s where France has been importing a lot of the fuel from.
Yep, but people in general only know Gas = Russia. So to keep buying uranium isn’t as politically risky.
yeah that’s very true