The invasion of Ukraine by Russia has profoundly altered the global nuclear market. Western Allies who have relied on Russia as a reliable low-cost supplier of uranium are seeking alternative suppliers they self-sanctions by avoiding new contracts with Russian suppliers.
In a deep-dive interview, Dustin Garrows, a leading expert on uranium and nuclear energy, delves into the substantial shifts occurring in the uranium market. According to Garrows, the US is encountering challenges in securing uranium supplies, with some traditional sources becoming increasingly unstable.