US Uranium Supply Crisis: Spot at $92/lb, 95% Import Dependency, $80B Federal Commitment to Domestic Fuel Chain
Uranium spot price approaching $92/lb with 65 reactors under construction globally. The U.S. imports ~95% of consumed uranium despite operating 93 reactors. The White House added uranium to the Critical Minerals List and committed $80B through Cameco and Westinghouse for domestic supply chain rebuilding. Separately, Cameco signed a $2.6B contract to supply 22M lbs to India (2027-2035), and UEC received NRC docket for a ~10,000 tU/year domestic conversion facility.