The Q3 2023 Uranium Quarterly Report can be found here, offering insights on nuclear and uranium news and performance of the Global X Uranium ETF.
Key News of the Quarter
- US aims to expand uranium enrichment capabilities. The White House is seeking $2.2 billion of additional funding from Congress for enriching uranium needed for new breed of advanced reactors.1
- Japan paves the way for reopening of nuclear power plants. Recent approval by the Japanese Government to release radioactive wastewater from the Fukushima facility in accordance with the international safety standards would aid the reopening of other nuclear power plants in the country.2
- France aims to increase production of nuclear fuel. To reduce reliance on Russian fuel, France will spend €1.7 billion to expand a uranium-enrichment plant in the southern part of the country as the west seeks to cut down on nuclear fuel…
