U.S. uranium production increased throughout 2024, with more growth planned in 2025. The producers who can make that happen, however, were burned before by a “renaissance” that didn’t take off. Now they are watching and waiting for signals from Washington, D.C., including the impacts of tariffs, shifting relationships with global uranium producers, and funding for the enrichment task orders designed to boost demand for U.S. uranium.

Kristine Svinicki, chairman of the Nuclear Regulatory Commission, and Andrew Wheeler, administrator of the Environmental Protection Agency, have signed a memorandum of understanding to improve coordination and cooperation in the regulation of the in situ recovery (ISR) process of uranium extraction and to support the goal of establishing a stronger U.S. uranium mining industry.