US produced most uranium concentrate in the last quarter
Used to fuel nuclear reactors, the US produced more uranium concentrate in the last three months of 2024 than it had in the last six years, according the US Energy Information Administration.
The output increase was spurred by higher prices of uranium and the resumption of production at the White Mesa Mill in Utah, which is the country’s only active uranium mill.
The rise of US electricity demand caused companies are now in the process of attempting to restart two fully shut nuclear reactors, including one at the former Three Mile Island facility. The federal government offered contracts to six companies to make uranium fuel late last year.
