President Donald Trump’s threats can raise the price of uranium used to feed the American nuclear reactors, which can have ripples on the weak nuclear renaissance stimulated by the growth of energy -stained data centers.
The United States is taking place More than a quarter From uranium from Canada, more than any other country. The Trump administration imposed a new tariff on uranium and other commodities in Canada this week, which quickly stopped after the stock market decreased Sale.
It can play in efforts to build local uranium supplies
It is too early to know the precise impact on the United States’s nuclear energy industry if the definitions are advanced forward. It can play in the efforts made to build local uranium supplies, which have received support and attention from major technology companies. But in the short term, the United States still depends on its northern neighbor to maintain operating reactions.
Trump suggested a 10 percent tariffs On Canada’s energy products, but he announced yesterday that it would be temporarily stopped until April 2. Canada -based Cameco, one of the largest uranium producers in the world, warned that the definitions will inevitably lead to high prices.
Cameco Cfo Grant ISAAC said in A. February 20 profit call. Isaac said that the customs tariff by 10 percent will lead to a 10 percent increase in uranium prices, whether from Canada or anywhere else. He said: “History tells us that other than fire countries will increase their exposure prices to less than 10 percent.” When it was reached for the comment this week, a Cameco spokesman said that Isaac’s comments on the call are still in place.
The Nuclear Energy Institute, a commercial association based in Washington, DC, was shy when asked about how the definitions affect the American nuclear energy industry. “We agree in principle that measures should be taken to launch energy dominance in America and protect our national security, while creating a strong economy that creates job opportunities. However, these measures can hinder growth and innovation in the energy sector and the ability of nations to achieve energy dominance,” said Doug Tro, the first vice president of technical and organizational services and chief nuclear officials, in an e -mail statement.
Uranium prices It increases dramatically in recent yearsWith the increasing interest in nuclear energy – including from Googleand Amazonand MicrosoftAnd Dead Search for nuclear energy to operate new artificial intelligence centers. High uranium prices stimulate emission From uranium mining in the United States, with the first mine Open for nearly a decade It starts near Grand Canyon last year. the Russia’s war of Ukraine It is another factor, with the Biden administration The prohibition of uranium imports from RussiaAnother major resource, last year.
“Why do we rely on foreign countries when the United States enjoys the ability, has resources, and has technology to actually be independent of energy, especially in nuclear weapons?” Jay Yu, president of Lis Technologies, a uranium enrichment company in the United States, says.
But even if the United States adopts its local supply chain, it is still bound by geography. The United States only holds it 1 per cent of uranium reserves in the worldWhile Canada holds about 10 times. Grossillin Baskran, director of the critical metal security program at the Center for Strategic and International Studies, wrote in a Analysis in late January.
appearance Deepseek models of artificial intelligence In China, which can use much lower energy than American competitors, it also made the future Using data center energy and Nuclear energy more uncertain.
Nuclear energy is still a sensitive subject that created some foreign beds. Unlike coal and gas power plants, nuclear reactors do not generate greenhouse gas emissions. This is its position on the table as an alternative to fossil fuel that has been champion some climate falcons. But someone must extract uranium for these nuclear reactors, which are located in some environmental groups and original activists Fighting enthusiastically. The United States has date From uranium mines Water resources pollution On Navajo Nation.
Trump, a great fan of the fossil fuel industry Driving tens of millions of dollars In his campaign, he mainly has Try to eliminate work on the climate crisis In the United States. Expectations of nuclear energy technologies that have received support from extractive industries and large technology can descend. Chris Wright took advantage of To lead the Energy Department; Wright was former CEO of the main oil and gas service provider and sat on board of directors A company is developing advanced nuclear reactors with the CEO of Openai Sam Altman.
Uranium sits on the bond of many different energy games in the United States, and definitions can raise the risks of everyone with something that it loses or earns.
