$5M ASX Micro Cap Launches Uranium Exploration – Near the Only US Processing Facility
Uranium appears to have some serious positive momentum right now, with investors scrambling to get exposure to further upward movement in the commodity price.
There are a number of factors at play here, however a key one is that the US government has recently announced substantial new support for domestic uranium producers.
The Trump Administration is seeking $1.5BN over 10 years to buy uranium from US mines and shore up a domestic stockpile.