Senate Passes Ban Of Russian Uranium Imports, Risking Market "Havoc" And Soaring Prices
Zero Hedge -

Senate Passes Ban Of Russian Uranium Imports, Risking Market "Havoc" And Soaring Prices With shares of CCJ tumbling earlier today after the company reported soggy Q1 earnings, despite its recent initiating coverage report by an enthusiastic Goldman Sachs which sees the Uranium company at the forefront of the "Next AI trade" and slapped it with a $55 price target (as we reported previously), the uranium trade suddenly found itself in need of a miracle. It got that after hours, when...

In related news

  • US Senate passes act banning Russian uranium imports

    The Prohibiting Russian Uranium Imports Act, which will ban the importation into the USA of low-enriched uranium that is produced in Russia or by a Russian entity, will now go to President Biden to be signed into law.
  • Uranium Stocks Rise After White House Mulls Russian Import Ban

    Uranium Stocks Rise After White House Mulls Russian Import Ban Uranium stocks moved higher late in the US cash session after a report from Bloomberg, citing "people familiar with the matter," revealed that the Biden administration is considering an executive order to ban Russian imports of enriched uranium after congressional efforts stall. Officials from the White House National Security Council, the Department of Energy, and other top-level officials have discussed reducing...
  • Senate passes bill that could ban TikTok

    A bill that could ban TikTok is now all but certain to become law. The Senate approved a measure that requires ByteDance to sell TikTok or face a ban, in a vote of 79 - 18. The “Protecting Americans from Foreign Adversary Controlled Applications Act,” will next head to President Joe Biden, who has said he would sign the bill into law. While it’s far from the first effort to force a ban or divestment of the social media app, the bill managed to draw far more support than previous attempts. The...