Prospector News Publisher, Michael Fox is joined by the Uranium Producers of America President Scott Melbye. It’s been a busy Summer of political activity. We discuss the passing of the Nuclear Fuel Security Act in the US Senate. Its huge Bi-Partisan support should see it succeed in similar fashion through Congress. We discuss how the bill champions increasing the US domestic uranium stockpiles and encourages investment in to enrichment to provide US utilities a safe reliable fuel source. We discuss the impact of the bill and its impact on the world nuclear industry.

We also discuss the recent World Nuclear Association report that calls for consistent and cooperative efforts to ensure supply worldwide. We discuss whether those efforts will bear fruit in and increasing deglobalized and bi-polar world. Using the Russia and Chinese influence on the Kazakhstan uranium production as an example, we discuss the importance of the US bill in the face of a changing world order.

Finally, we discuss the wake up call that the Niger coup has had on the French and European markets and how important it will be for western nations to have a reliable secure supply. It is noted that a reliable supply is the major factor in banning Russian uranium exports to the West and why it hasn’t been done yet.

Uranium Producers of America

Uranium Energy Corp