Why U.S. Uranium Production Surged 12-Fold In 2024

For decades, the United States has been the world’s biggest producer of nuclear energy, accounting for 30% of global production. The country, however, currently imports 98% of the uranium feedstock it needs to power its 94 nuclear reactors. Indeed, the U.S. accounts for less than 1% of the world’s uranium output, with Kazakhstan, Canada, and Namibia accounting for nearly two-thirds of global production.  But things have not always been this way. The country’s nuclear age peaked in the 1960s to the mid-1980s when it was the…