US Looks to Boost Uranium Reserves for Nuclear Power.

The article discusses the Trump administration's push to enhance the United States' strategic uranium reserve to reduce reliance on Russian uranium supplies and support the growth of nuclear power generation. US Energy Secretary Chris Wright emphasized the need for increased domestic uranium production and enrichment capacity, as Russia currently provides about 25% of the enriched uranium for the US nuclear fleet. Following Wright's comments, shares of uranium mining companies saw significant increases. The article also notes the US's limited uranium inventory compared to Europe and China, and highlights ongoing efforts to reshape nuclear fuel supply chains, including legislation aimed at reducing dependence on Russian supplies by 2028. [Extracted from the article]