The U.S. Commerce Department has launched a section 232 review of the national security considerations of uranium imports. That’s not a big surprise given the “critical minerals” review that’s also ongoing and which had a Senate hearing recently. It’s likely to be broad-based, in common with the recent steel and aluminum reviews that captured historic national security allies such as Canada. The latter accounted for 30% of the $2.8 billion of American imports of uranium products in the past 12 months. Russia, where evolving relations with the U.S. may be a complicating factor, was nex...
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