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Centrus Energy Warns Uranium Supply Gap Threatens Nuclear Revival

Financial Times Companies •
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Centrus Energy, a leading US nuclear fuel supplier, cautions that a critical shortage of enriched uranium could derail the nation's nuclear power resurgence. The company attributes the looming supply gap to surging global demand and the recent prohibition on Russian uranium imports, which previously supplied a significant portion of the market. This development raises serious concerns for utilities planning new reactors, as enrichment capacity struggles to meet existing needs. Centrus Energy emphasizes that without immediate solutions, projects under development face potential delays or cancellations, impacting billions in investments.