[US Supplier Warns of Uranium Enrichment Shortage] One of the largest suppliers of enriched uranium fuel to the United States has warned of an impending supply shortage due to rapidly growing demand and a Russian import ban. Centrus Energy CEO Amir Wechsler stated that the company is accelerating the expansion of its enriched uranium capacity at its Ohio plant to meet a $2.3 billion backlog of enriched uranium orders. However, he indicated that the restart of several US nuclear power plants and upgrades to reactors to increase power generation will put pressure on a few Western enriched uranium suppliers. "I think the market is very tight right now, and that tightness will continue until a significant amount of new capacity comes online, which will likely be around for the next decade," he said.
