How AI Energy Demands Are Fueling A Resurgence Of Uranium Mining In The U.S.
CNBC·2025-06-12 16:01
This is the ore being shipped in from the Pinyon Plain mine. This ore is some of the highest-grade uranium ore that's ever come out of the United States mine. You need uranium.Well, the largest uranium mine comes out of Saskatchewan, comes over to Ontario, and then gets enriched down in the US. Uranium prices soaring more than 75% over the past year. While uranium prices have gone down since a high in early 2024, many experts remain confident that demand for uranium, which is mainly used as a fuel for nucle ...