Finding Uranium in the U.S.

Uranium Investing

Forbes.com reports US depends on foreign uranium.
Every year the nation’s 104 nuclear reactors burn through 55 million pounds of uranium to produce electricity. Yet only 3.5 million pounds are mined in the U.S. “We’re more dependent on foreign uranium than we are on foreign oil,” says Amir Adnani, chief executive of Uranium Energy Corp., a […]

Forbes.com reports US depends on foreign uranium.

Every year the nation’s 104 nuclear reactors burn through 55 million pounds of uranium to produce electricity. Yet only 3.5 million pounds are mined in the U.S. “We’re more dependent on foreign uranium than we are on foreign oil,” says Amir Adnani, chief executive of Uranium Energy Corp., a tiny mining outfit headquartered in Austin, Tex. that aims to make us less dependent.

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