Biden

Security

Thorium

Trillion

<div class="watcher-guru"> 
 <p>BRICS member Russia previously exported significant amounts of Uranium to the US to power its nuclear plant. However, the US stopped importing Uranium from Russia after the Biden administration pressed sanctions against the country for invading Ukraine. The geopolitical tensions between Russia and the BRICS are making the US break free from depending on natural resources from other countries. The US, which is heavily dependent on Russian Uranium, is now looking to end its reliance by finding effective alternative minerals.</p> 
 <p><strong>Also Read: BRICS GDP Reaches $31 Trillion With New Members</strong></p> 
 <h2 class="wp-block-heading" id="h-uranium-battle-the-us-fights-russia-and-other-brics-members">Uranium Battle: The US Fights Russia and Other BRICS Members</h2> 
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  <img decoding="async" width="1024" height="689" src="https://cdn.thebittimes.com/images/2023/08/30/ef112e190e4e58d631f852fa329df0e1.webp" alt="usa nuclear plant uranium thorium russia brics" class="wp-image-109468" srcset="https://cdn.thebittimes.com/images/2023/08/30/ef112e190e4e58d631f852fa329df0e1.webp 1024w, https://cdn.thebittimes.com/images/2023/08/30/ef112e190e4e58d631f852fa329df0e1.webp 300w, https://cdn.thebittimes.com/images/2023/08/30/ef112e190e4e58d631f852fa329df0e1.webp 768w, https://cdn.thebittimes.com/images/2023/08/30/ef112e190e4e58d631f852fa329df0e1.webp 380w, https://cdn.thebittimes.com/images/2023/08/30/ef112e190e4e58d631f852fa329df0e1.webp 550w, https://cdn.thebittimes.com/images/2023/08/30/ef112e190e4e58d631f852fa329df0e1.webp 800w, https://cdn.thebittimes.com/images/2023/08/30/ef112e190e4e58d631f852fa329df0e1.webp 1040w" sizes="(max-width: 1024px) 100vw, 1024px">
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   Source: investingnews.com
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 </figure> 
 <p>The Biden administration is allowing industry players to explore alternative white metals that could effectively replace <a rel="dofollow" title="Russia" href="https://thebittimes.com/tag/russia.html">Russia</a>n <a rel="dofollow" title="Uranium" href="https://thebittimes.com/tag/uranium.html">Uranium</a>. Industry insiders told Oil Price that the White House is looking at <a rel="dofollow" title="Thorium" href="https://thebittimes.com/tag/thorium.html">Thorium</a> as a safer option than <a rel="dofollow" title="Uranium" href="https://thebittimes.com/tag/uranium.html">Uranium</a> to power its nuclear plant. The administration is actively hunting for <a rel="dofollow" title="Uranium" href="https://thebittimes.com/tag/uranium.html">Uranium</a> alternatives, and <a rel="dofollow" title="Thorium" href="https://thebittimes.com/tag/thorium.html">Thorium</a> is first on the list, said the insider.</p> 
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 <p><strong>Also Read: US &amp; Europe To Pay in Local Currencies For Oil After BRICS Expansion?</strong></p> 
 <p><strong>“We’re bearing the costs of an overreliance on <a rel="dofollow" title="Russia" href="https://thebittimes.com/tag/russia.html">Russia</a> for nuclear fuel. And it’s not just us, it’s the entire world,”</strong> said Pranay Vaddi, the White House Nuclear Adviser at the National Security Council.</p> 
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 <p>If the US finds home-based alternatives for Uranium, the enrichment factory at the Urenco plant in Eunice, New Mexico, could be expanded. The dependence on Russian Uranium could be significantly reduced by boosting Thorium as a safer alternative. The development could put Russia on the back foot, as importing Uranium could come to a standstill.</p> 
 <p><strong>Also Read: <a rel="dofollow" title="BRICS" href="https://thebittimes.com/tag/brics.html">BRICS</a>+ To Dominate 50% Of the Global Economy by 2050</strong></p> 
 <figure class="wp-block-image size-large">
  <img decoding="async" width="1024" height="683" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" alt="Biden Administration Asks Congress for Clearer Crypto Regulation" class="wp-image-55514 ewww_webp" sizes="(max-width: 1024px) 100vw, 1024px" data-src-img="https://cdn.thebittimes.com/images/2023/08/30/ae9c204ec219defa2810fcfe65d640c7.webp" data-src-webp="https://cdn.thebittimes.com/images/2023/08/30/ae9c204ec219defa2810fcfe65d640c7.webp.webp" data-srcset-webp="https://cdn.thebittimes.com/images/2023/08/30/ae9c204ec219defa2810fcfe65d640c7.webp.webp 1024w, https://cdn.thebittimes.com/images/2023/08/30/ae9c204ec219defa2810fcfe65d640c7.webp.webp 300w, https://cdn.thebittimes.com/images/2023/08/30/ae9c204ec219defa2810fcfe65d640c7.webp.webp 768w, https://cdn.thebittimes.com/images/2023/08/30/ae9c204ec219defa2810fcfe65d640c7.webp.webp 380w, https://cdn.thebittimes.com/images/2023/08/30/ae9c204ec219defa2810fcfe65d640c7.webp.webp 550w, https://cdn.thebittimes.com/images/2023/08/30/ae9c204ec219defa2810fcfe65d640c7.webp.webp 800w, https://cdn.thebittimes.com/images/2023/08/30/ae9c204ec219defa2810fcfe65d640c7.webp.webp 1160w, https://cdn.thebittimes.com/images/2023/08/30/ae9c204ec219defa2810fcfe65d640c7.webp.webp 1500w" data-srcset-img="https://cdn.thebittimes.com/images/2023/08/30/ae9c204ec219defa2810fcfe65d640c7.webp 1024w, https://cdn.thebittimes.com/images/2023/08/30/ae9c204ec219defa2810fcfe65d640c7.webp 300w, https://cdn.thebittimes.com/images/2023/08/30/ae9c204ec219defa2810fcfe65d640c7.webp 768w, https://cdn.thebittimes.com/images/2023/08/30/ae9c204ec219defa2810fcfe65d640c7.webp 380w, https://cdn.thebittimes.com/images/2023/08/30/ae9c204ec219defa2810fcfe65d640c7.webp 550w, https://cdn.thebittimes.com/images/2023/08/30/ae9c204ec219defa2810fcfe65d640c7.webp 800w, https://cdn.thebittimes.com/images/2023/08/30/ae9c204ec219defa2810fcfe65d640c7.webp 1160w, https://cdn.thebittimes.com/images/2023/08/30/ae9c204ec219defa2810fcfe65d640c7.webp 1500w" data-eio="j">
  <noscript>
   <img decoding="async" width="1024" height="683" src="https://cdn.thebittimes.com/images/2023/08/30/ae9c204ec219defa2810fcfe65d640c7.webp" alt="Biden Administration Asks Congress for Clearer Crypto Regulation" class="wp-image-55514" srcset="https://cdn.thebittimes.com/images/2023/08/30/ae9c204ec219defa2810fcfe65d640c7.webp 1024w, https://cdn.thebittimes.com/images/2023/08/30/ae9c204ec219defa2810fcfe65d640c7.webp 300w, https://cdn.thebittimes.com/images/2023/08/30/ae9c204ec219defa2810fcfe65d640c7.webp 768w, https://cdn.thebittimes.com/images/2023/08/30/ae9c204ec219defa2810fcfe65d640c7.webp 380w, https://cdn.thebittimes.com/images/2023/08/30/ae9c204ec219defa2810fcfe65d640c7.webp 550w, https://cdn.thebittimes.com/images/2023/08/30/ae9c204ec219defa2810fcfe65d640c7.webp 800w, https://cdn.thebittimes.com/images/2023/08/30/ae9c204ec219defa2810fcfe65d640c7.webp 1160w, https://cdn.thebittimes.com/images/2023/08/30/ae9c204ec219defa2810fcfe65d640c7.webp 1500w" sizes="(max-width: 1024px) 100vw, 1024px">
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  <figcaption class="wp-element-caption">
   Source: The White House
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 </figure> 
 <p>The US is battling Russia, China, and other BRICS members as global trade is being rewritten by the alliance. BRICS is looking to settle cross-border transactions in local currencies putting the US dollar’s prospects in jeopardy.</p> 
 <p>Only timely actions by the White House could protect the US dollar from being dethroned as the world’s reserve currency. While the first financial battle begins with Uranium, there could be many more commodities that might face similar situations.</p> 
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<div class="cs-entry__tags">
 <ul>
  <li>BRICS</li>
  <li>Russia</li>
  <li>Thorium</li>
  <li>Uranium</li>
 </ul>
</div> 
<p>Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/brics-us-hits-back-at-russia-looks-to-end-dependency-on-uranium-hold-tbt60894.html">https://thebittimes.com/brics-us-hits-back-at-russia-looks-to-end-dependency-on-uranium-hold-tbt60894.html</a></p>

BRICS: US Hits Back at Russia, Looks to End Dependency on Uranium Hold

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