[HIGHLIGHTS] USA buys Russian uranium on a massive scale – despite sanctions

USA buys Russian uranium on a massive scale – despite sanctions. Almost 50 percent of global uranium enrichment sites in Russia.

USA is buying more uranium from Russia than ever before 701.8 tons, $1.19 billion in 2023. By 2050, countries want to triple their nuclear industry, the New York Times reported. Private investors, including Bill Gates and Sam Altman, are supporting so-called Small Modular ReactorsSMRs (SMRs) The U.S. needs to switch to other suppliers, but the US is convinced it has to take years.