MegaWatt Metals Weighs in on Uranium Market Dynamics

MegaWatt Lithium and Battery Metals (TSE:MEGA) has released an update.

MegaWatt Lithium and Battery Metals Corp. has commented on the recent U.S. legislation that bans uranium imports from Russia, a move that will take effect 90 days post-enactment. Despite the ban, uranium prices have remained stable, buoyed by a projected increase of over 11% in global uranium production for 2024, with significant contributions expected from Kazakhstan and Canada.

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