The 'megatons to megawatts' program in the early 1990s involved converting enriched uranium from Russian nuclear warheads into low-enriched uranium for U.S. nuclear power generation, which flooded the uranium market and caused closure of many uranium operators in the U.S. and Canada.

factualpending

Speaker

James Cooper

Evidence Quote

taking all the all the enrich uranium and sort of converting that into low enriched um uranium from nuclear warheads from Russia and then sending that over to um to America for its um for its nuclear power generation so this sent down the uranium price and um for a number of years is and and cause the closure of a lot of uranium operators in the states and in Canada

Source

A Politically Motivated Uranium BoomFat Tail Investment Research
Created: 8/11/2026, 7:47:27 AM

My Notes

Loading notes...