Geopolitics and Uranium: Scott Melbye on Russia’s Supply Ban and U.S. Response

🕘 15:45👀 8,586👍 302💬 41

Russia’s uranium export ban has rocked global energy markets, exposing critical vulnerabilities in U.S. energy security. Scott Melbye, Executive VP of Uranium Energy Corp (UEC), discusses the urgent need for a robust domestic uranium fuel cycle to reduce reliance on foreign suppliers like Russia and Kazakhstan. With uranium prices already breaching $100 per pound and a 50-million-pound supply deficit, Melbye explores how the U.S. can respond to growing nuclear energy demand.

Melbye also highlights UEC’s leadership in North American uranium production, from restarting mines in Wyoming and Texas to advancing the Rough Rider project in Canada. He outlines the role of nuclear energy in powering the green transition, the rise of small modular reactors (SMRs), and the potential impact of President-elect Trump’s pro-energy policies. This is a must-watch for insights into the future of uranium, energy security, and the nuclear power industry.

This video is brought to you by Uranium Energy Corp (https://www.uraniumenergy.com/, https://x.com/uraniumenergy) and U.S. GoldMining Inc. (https://www.usgoldmining.us/, https://x.com/USGoldmining)

Follow Jeremy Szafron on X: @JeremySzafron (https://twitter.com/JeremySzafron)
Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/kitconewsnow)
Follow Uranium Energy Corp on X: @UraniumEnergy (https://twitter.com/UraniumEnergy)

00:00 Introduction
00:41 Uranium Market Insights
01:52 Geopolitical Risks and Uranium Supply
04:04 Future of Nuclear Energy and UEC's Role
06:34 Challenges and Opportunities in Uranium Mining
09:27 Outlook for the Uranium Market
14:58 Conclusion

Uranium #NuclearEnergy #EnergySecurity #ScottMelbye #UEC #UraniumEnergyCorp #UraniumMarket #UraniumPrices #NuclearPower #EnergyCrisis #RussiaUraniumBan #Geopolitics #EnergyTransition #SmallModularReactors #SMRs #GreenEnergy #CleanEnergy #CarbonFreeEnergy #UraniumSupply #Mining #UraniumMining #UraniumInvesting #EnergyDemand #CriticalMetals #NuclearFuel #AmericaFirst #EnergyPolicy #TrumpEnergyPolicy #KitcoNews


Kitco News is the gold standard in precious metals, commodities, cryptocurrencies, mining, and financial news.

SUBSCRIBE to our channel to stay up to date on the latest market and industry news.

For breaking news, views, charts, and data on precious metals, cryptocurrencies, and financial markets - visit us at https://www.kitco.com

To get market updates on the go, download the Kitco Gold Live! APP - https://applications.kitco.com

Stay connected:

Twitter - https://twitter.com/kitconewsnow
Instagram - https://www.instagram.com/kitconews
Facebook - https://www.facebook.com/KitcoNews
LinkedIn - https://www.linkedin.com/company/kitconews
StockTwits - https://stocktwits.com/kitconews

Live gold price and chart: https://www.kitco.com/gold-price-today-usa/
Live silver price and chart: https://www.kitco.com/Silver-price-today-USA/
Live crypto market data: https://www.kitco.com/price/crypto/

Learn more about Kitco News: https://www.kitco.com/news/about/

For more information on advertising, sponsorship and marketing promotions – please visit our online media kit at: www.kitco.com/advertising

Disclaimer: The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.