Great news for UUUU (Energy Fuels) — they just hit record uranium production and findings in April. This isn’t just good for the company, it’s a step for U.S. energy independence. With geopolitical tensions, Russia cutting off uranium exports, tightening supply from Kazakhstan who is favoring selling to BRICS instead of US, and on the other side rising demand for nuclear power (both state and private) domestic production like this is crucial.
UUUU is positioning itself as a key player in securing a homegrown supply chain, which could mean long-term upside if the U.S. keeps pushing for nuclear and self-reliance. One to watch together with the bullish Uranium market!