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Posted: 5/15/2024 6:35:31 PM EDT
Nuke bros, is this good, bad, or just an acknowledgement of something that was already in process?
@JustinU235 SALT LAKE CITY — The mining industry is praising President Joe Biden's signing of legislation that puts in effect a ban on Russian uranium coming into the country and also jump-starts the necessary enrichment process with an infusion of $2.7 billion in additional funding. "This is a great day for the United States and its allies," said Curtis Moore, vice president of marketing and corporate development for Energy Fuels, a Colorado-based company that operates the only uranium processing mill in the U.S., located in Utah's San Juan County. "We took very quick action as a country to ban Russian oil imports, gas imports, coal imports and impose a whole host of sanctions on Russia, but it has taken them quite a while to ban Russian uranium imports. This is a long time coming," he said. Moore added: "We get about 20% of all electricity in the United States from nuclear, and 50% of our carbon-free electricity comes from nuclear, and it was just not a good place for the United States to be so dependent on a country like Russia for all of this clean energy." |
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USA
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Posted: 5/15/2024 6:36:37 PM EDT
[#1]
Hey Byden, you really hurt Russian oil by bombing their pipeline, didn't you?
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MI, USA
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Posted: 5/15/2024 6:38:10 PM EDT
[#2]
I wish there was a program to build like a dozen more nukes ... hey I'd say way more, but baby steps ya know...
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Posted: 5/15/2024 6:39:20 PM EDT
[#3]
Didn't Hillary approve the sale of uranium one to Russia?
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Posted: 5/15/2024 6:40:13 PM EDT
[Last Edit: Inquisitive_Spaniard]
[#4]
Who cares. We probably buy it from the Kazakh’s anyway.
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Posted: 5/15/2024 6:40:24 PM EDT
[#5]
Does this mean my Alibaba shipment of DU for cast bullets won't be coming
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TX, USA
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Posted: 5/15/2024 6:41:40 PM EDT
[#6]
Quote HistoryOriginally Posted By delemorte: Didn't Hillary approve the sale of uranium one to Russia? I think so. So did we just ban ourselves from using ore mined here since it's owned by Russia Russia Russia? |
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PA, USA
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Posted: 5/15/2024 6:41:56 PM EDT
[Last Edit: Nickel_Plated]
[#7]
Are there ANY strategic resources that we actually produce ourselves in our own country?
For all this talk of us being a world superpower, it certainly doesn't feel like it. Superpowers aren't generally supposed to be able to be economically and militarily crippled the second they decide to declare war on their main adversaries. That's not the sign of a superpower. |
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TX, USA
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Posted: 5/15/2024 6:43:53 PM EDT
[#8]
Excellent - my URA etf thanks you!
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Posted: 5/15/2024 6:44:09 PM EDT
[#9]
Quote HistoryOriginally Posted By delemorte: Didn't Hillary approve the sale of uranium one to Russia? 
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CO, USA
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Posted: 5/15/2024 6:45:16 PM EDT
[#10]
It is a matter of national security to support domestic Uranium mining and enrichment.
It is insane to be reliant on an enemy and support their critical security infrastructure. |
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FL, USA
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Posted: 5/15/2024 6:54:16 PM EDT
[#11]
Quote HistoryOriginally Posted By delemorte: Didn't Hillary approve the sale of uranium one to Russia? Wasn't it ours before it was their's? |
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USA
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Posted: 5/15/2024 6:54:22 PM EDT
[#12]
Quote HistoryOriginally Posted By delemorte: Didn't Hillary approve the sale of uranium one to Russia? Yes they're probably selling it back to us at about a 50% markup |
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Posted: 5/15/2024 6:59:02 PM EDT
[#13]
Quote HistoryOriginally Posted By Nickel_Plated: Are there ANY strategic resources that we actually produce ourselves in our own country? For all this talk of us being a world superpower, it certainly doesn't feel like it. Superpowers aren't generally supposed to be able to be economically and militarily crippled the second they decide to declare war on their main adversaries. That's not the sign of a superpower. |
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PA, USA
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Posted: 5/15/2024 7:00:02 PM EDT
[#14]
Pepperidge farm's remembers when Dems (BHO and HRC) sold vast quantities of US uranium to Russia under GOP protests.
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PA, USA
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Posted: 5/15/2024 7:00:41 PM EDT
[#15]
Quote HistoryOriginally Posted By delemorte: Didn't Hillary approve the sale of uranium one to Russia? |
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Posted: 5/15/2024 7:00:57 PM EDT
[#16]
Quote HistoryOriginally Posted By delemorte: Didn't Hillary approve the sale of uranium one to Russia? This is what I remember |
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Posted: 5/15/2024 7:01:25 PM EDT
[#17]
Quote HistoryOriginally Posted By delemorte: Didn't Hillary approve the sale of uranium one to Russia? That's (D)ifferent. |
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Posted: 5/15/2024 7:03:26 PM EDT
[#18]
Quote HistoryOriginally Posted By crazymike1973: That's (D)ifferent. Quote HistoryOriginally Posted By crazymike1973: Originally Posted By delemorte: Didn't Hillary approve the sale of uranium one to Russia? That's (D)ifferent. 10% going out... 10% coming back. |
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Posted: 5/15/2024 7:04:32 PM EDT
[#19]
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Posted: 5/15/2024 7:06:06 PM EDT
[#20]
I'm not sure about the recent appropriations, but in the first 68 billion in UA appropriations, nearly 2 billion went to support the energy sector, mainly nuclear, to offset higher supplier cost.
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Posted: 5/15/2024 7:07:14 PM EDT
[#21]
We just got ourselves kicked out of Niger, replaced by Russia.
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Posted: 5/15/2024 7:16:16 PM EDT
[#22]
Uravan and Nucla, Colorado approve this move.
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Posted: 5/15/2024 7:20:39 PM EDT
[#23]
I thought we sold it to them thanks to Hillary and some well timed Clinton foundation donations .
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Posted: 5/15/2024 7:22:03 PM EDT
[#24]
My uranium stocks approve
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Posted: 5/15/2024 7:22:25 PM EDT
[#25]
I am sure he got his 10%. Shame Wolf and Tula won't bribe Biden.
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Posted: 5/15/2024 7:23:57 PM EDT
[Last Edit: Stan_TheGunNut]
[#26]
For years we used Russian uranium taken from dismantled bombs as fuel. Of course it had been altered to lower the enrichment for civilian nuclear reactors, but old USSR bombs were in fact the fuel. Megatons to Megawatts program or something like that was the name of the deal, if I remember correctly.
Edit: Wikipedia states that something like 25% of US nuclear fuel comes from the USSR. I say it's Biden still doing his best to destroy the United States. |
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SC, USA
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Posted: 5/15/2024 7:42:24 PM EDT
[#27]
More for Iran, NK & China.
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OR, USA
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Posted: 5/15/2024 7:44:01 PM EDT
[#28]
Quote HistoryOriginally Posted By whiskerz: I thought we sold it to them thanks to Hillary and some well timed Clinton foundation donations . If I remember correctly, Hillary approved selling the Russians 20% of our Strategic Nuclear Reserves which is now owned by a Russian company; Rostrum. Shortly thereafter, 9 Rostrum stockholders donated $114 million dollars into the Clinton Foundation...a Foundation that was set up by Jeffery Epstein. I'm starting to wonder if the Russians had information on the Clintons. |
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Posted: 5/15/2024 7:44:13 PM EDT
[#29]
Originally Posted By Grendelsbane: Nuke bros, is this good, bad, or just an acknowledgement of something that was already in process? @JustinU235 SALT LAKE CITY The mining industry is praising President Joe Biden's signing of legislation that puts in effect a ban on Russian uranium coming into the country and also jump-starts the necessary enrichment process with an infusion of $2.7 billion in additional funding. "This is a great day for the United States and its allies," said Curtis Moore, vice president of marketing and corporate development for Energy Fuels, a Colorado-based company that operates the only uranium processing mill in the U.S., located in Utah's San Juan County. "We took very quick action as a country to ban Russian oil imports, gas imports, coal imports and impose a whole host of sanctions on Russia, but it has taken them quite a while to ban Russian uranium imports. This is a long time coming," he said. Moore added: "We get about 20% of all electricity in the United States from nuclear, and 50% of our carbon-free electricity comes from nuclear, and it was just not a good place for the United States to be so dependent on a country like Russia for all of this clean energy." It's bad from a market perspective, because uranium prices went way up, but my previous station foresaw this and at the breakout of the war, sought other sources of uranium for future outages. A lot of folks may not realize that each individual nuke needs to source uranium, enriching, and fuel manufacturing. Taking Russia out hurts the market. |
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TX, USA
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Posted: 5/15/2024 7:45:47 PM EDT
[#30]
Phew...for a second I thought that said he banned Russian Ukraineum.
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USA
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Posted: 5/15/2024 7:46:06 PM EDT
[#31]
That’s going to piss off the southern Ute tribe and Navajo nation. That uranium mill has been polluting their groundwater…
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Posted: 5/15/2024 7:46:45 PM EDT
[#32]
Quote HistoryOriginally Posted By whiskerz: I thought we sold it to them thanks to Hillary and some well timed Clinton foundation donations . No you rube that's just a speaking fee for Bill. Totally unrelated. Some of you guys.. |
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Posted: 5/16/2024 12:35:48 AM EDT
[#33]
Quote HistoryOriginally Posted By delemorte: Didn't Hillary approve the sale of uranium one to Russia? Yep; and some here warned this type of play was coming…now here it is. |
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Posted: 5/16/2024 12:42:38 AM EDT
[#34]
Why not just buy our uranium? We have lots of mines. Some are just sitting idle.
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FL, USA
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Posted: 5/16/2024 12:52:41 AM EDT
[#35]
Quote HistoryOriginally Posted By 80085: That’s going to piss off the southern Ute tribe and Navajo nation. That uranium mill has been polluting their groundwater… Ute Mountain Ute Tribe, not Southern Ute. And it still remains a mystery (to those lacking in basic science education) how exposed evaporation ponds cause elevated radium levels in groundwater 50 miles away... |
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USA
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Posted: 5/16/2024 1:00:01 AM EDT
[#36]
We found a way to get titanium from the USSR/Russia. I'm sure we'll find a way to get Uranium.
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Posted: 5/16/2024 1:28:41 AM EDT
[#37]
Maybe I will be able to finally stake me out some gov land and get my Fallout4 on.
 Uranium Fever |
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MT, USA
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Posted: 5/16/2024 2:05:57 AM EDT
[#38]
Quote HistoryOriginally Posted By Ozgur: If I remember correctly, Hillary approved selling the Russians 20% of our Strategic Nuclear Reserves which is now owned by a Russian company; Rostrum. Shortly thereafter, 9 Rostrum stockholders donated $114 million dollars into the Clinton Foundation...a Foundation that was set up by Jeffery Epstein. I'm starting to wonder if the Russians had information on the Clintons. Quote HistoryOriginally Posted By Ozgur: Originally Posted By whiskerz: I thought we sold it to them thanks to Hillary and some well timed Clinton foundation donations . If I remember correctly, Hillary approved selling the Russians 20% of our Strategic Nuclear Reserves which is now owned by a Russian company; Rostrum. Shortly thereafter, 9 Rostrum stockholders donated $114 million dollars into the Clinton Foundation...a Foundation that was set up by Jeffery Epstein. I'm starting to wonder if the Russians had information on the Clintons. Clinton also backed Yeltsin even after he ordered an attack on the RF parliament. Skip to 30:38  TraumaZone by Adam Curtis Part 5 1993 to 1996 |
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Posted: 5/16/2024 4:00:00 AM EDT
[#39]
You buy on the world market when a country is dumping it at less than domestic extraction price. Plus you have to deal not only with US politics, but public opinion. Nobody wants to hear about mining in their back yard.
My wife's father was a geologist - chasing the next mineral, but he started with Uranium and ended with it. Russian surplus was killing the US market. They managed to keep the company afloat, mostly by looking for every last cent out of the mining. They used a catalyst system and circulated water between pairs of wells - pulling out dissolved solids and pumping the water back through the wells. Their main product was the uranium, but if any other metal was dissolved, the accountants would calculate the ROI on adding another catalyst loop to the system to get that one too. They were probably pulling out copper, nickle, silver, gold, and probably some others. Tiny amounts, but if it could give them a net $10k per year, they would process for it. |
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AZ, USA
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Posted: 5/16/2024 4:50:41 AM EDT
[#40]
Quote HistoryOriginally Posted By JustinU235: It's bad from a market perspective, because uranium prices went way up, but my previous station foresaw this and at the breakout of the war, sought other sources of uranium for future outages. Which is very good for US industry. With this happening, large-scale uranium mining and refining are likely to return to the Four Corners. |
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NC, USA
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Posted: 5/16/2024 5:23:16 AM EDT
[#41]
Quote HistoryOriginally Posted By Ozgur: If I remember correctly, Hillary approved selling the Russians 20% of our Strategic Nuclear Reserves which is now owned by a Russian company; Rostrum. Shortly thereafter, 9 Rostrum stockholders donated $114 million dollars into the Clinton Foundation...a Foundation that was set up by Jeffery Epstein. I'm starting to wonder if the Russians had information on the Clintons. And now we can't use Russian uranium, but I'll bet that we can use US uranium owned by Russians, thereby reducing the competition and increasing the profits to those particular Russians, who just happen to be linked to the Clintons and Podesta. This is EXACTLY how the game is played. What a country! |
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Posted: 5/16/2024 5:59:26 AM EDT
[#42]
Quote HistoryOriginally Posted By BooJangles: I think so. So did we just ban ourselves from using ore mined here since it's owned by Russia Russia Russia? Quote HistoryOriginally Posted By BooJangles: Originally Posted By delemorte: Didn't Hillary approve the sale of uranium one to Russia? I think so. So did we just ban ourselves from using ore mined here since it's owned by Russia Russia Russia?  Attached File |
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IN, USA
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Posted: 5/16/2024 6:04:31 AM EDT
[#43]
Quote HistoryOriginally Posted By JustinU235: It's bad from a market perspective, because uranium prices went way up, but my previous station foresaw this and at the breakout of the war, sought other sources of uranium for future outages. A lot of folks may not realize that each individual nuke needs to source uranium, enriching, and fuel manufacturing. Taking Russia out hurts the market. So last year, very very quietly, blackrock and vanguard assisted repatriating the American uranium one asserts. So the government subsidized nuclear power through aid package to Ukraine and private capital paid Russia (indirectly well more directly than than some would like) to get back shit that should have never been sold. The Russians and the Clintons are the real winners in this escapade. Now, Whether domestic mining and processing has restarted who knows. |
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NV, USA
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Posted: 5/16/2024 6:11:18 AM EDT
[#44]
Quote HistoryOriginally Posted By tr6r: Yes they're probably selling it back to us at about a 50% markup We're so dumb (or corrupt) |
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NC, USA
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Posted: 5/16/2024 7:10:56 AM EDT
[Last Edit: jwnc]
[#45]
Quote HistoryOriginally Posted By Mulskynrr13: So last year, very very quietly, blackrock and vanguard assisted repatriating the American uranium one asserts. So the government subsidized nuclear power through aid package to Ukraine and private capital paid Russia (indirectly well more directly than than some would like) to get back shit that should have never been sold. The Russians and the Clintons are the real winners in this escapade. Now, Whether domestic mining and processing has restarted who knows. I am not doubting you at all, but would love to read more about that. Any links? EDIT: Sorry for being a lazy ass. Link: https://www.mining.com/uec-acquires-rosatoms-uranium-one-assets-creating-largest-uranium-miner-in-us/ I am finding it more difficult to find out how much was paid for U1. Something I did find out that I didn't know was that since Hillary was SoS, the Russian donations didn't go to the Clinton Foundation, that would have to be disclosed. Hillary just happened to have a Canadian shell non-profit set up where the millions went, so that shell was (in her 'novel" legal theory) not subject to disclosure. It is all so tiresome... |
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IN, USA
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Posted: 5/16/2024 7:20:43 AM EDT
[#46]
Quote HistoryOriginally Posted By jwnc: I am not doubting you at all, but would love to read more about that. Any links? My timeline was wrong the purchase was final 3 months prior to Russia invading. UEC purchase of Uranium One |
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NE, USA
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Posted: 5/16/2024 7:25:32 AM EDT
[#47]
Quote HistoryOriginally Posted By TheWellGuy: https://www.ar15.com/media/mediaFiles/593438/Screenshot_20240515_190410_Chrome-3215279.jpg some of us already have 
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Posted: 5/16/2024 7:27:58 AM EDT
[#48]
Quote HistoryOriginally Posted By delemorte: Didn't Hillary approve the sale of uranium one to Russia? |
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AZ, USA
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Posted: 5/16/2024 7:32:50 AM EDT
[#49]
Quote HistoryOriginally Posted By Mulskynrr13: Now, Whether domestic mining and processing has restarted who knows. It has, and is gradually ramping up. |
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Posted: 5/16/2024 7:33:41 AM EDT
[#50]
Originally Posted By Grendelsbane: Nuke bros, is this good, bad, or just an acknowledgement of something that was already in process? @JustinU235 SALT LAKE CITY — The mining industry is praising President Joe Biden's signing of legislation that puts in effect a ban on Russian uranium coming into the country and also jump-starts the necessary enrichment process with an infusion of $2.7 billion in additional funding. "This is a great day for the United States and its allies," said Curtis Moore, vice president of marketing and corporate development for Energy Fuels, a Colorado-based company that operates the only uranium processing mill in the U.S., located in Utah's San Juan County. "We took very quick action as a country to ban Russian oil imports, gas imports, coal imports and impose a whole host of sanctions on Russia, but it has taken them quite a while to ban Russian uranium imports. This is a long time coming," he said. Moore added: "We get about 20% of all electricity in the United States from nuclear, and 50% of our carbon-free electricity comes from nuclear, and it was just not a good place for the United States to be so dependent on a country like Russia for all of this clean energy." Something something 2.7 billion…. Don’t forget 10% for the big guy… |
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