Tag: Uranium

Nuclear Energy Revival Puts Westinghouse in Prime Position

Media Library

A large investment firm and a Canadian uranium mining and enrichment company made a big bet three years ago on nuclear power by acquiring Westinghouse, an energy company that had fallen on hard times. Now, that wager is proving prescient. Soaring demand for electricity, driven by data centers, and renewed bipartisan and global interest in nuclear power have made Westinghouse a go-to source for nuclear power technology. The prominence of Westinghouse in the development of new nuclear power plants gained international attention Wednesday after the Trump administration announced a broad…

How the U.S. Lost Ground to China in the Contest for Clean Energy

Chin@Strategy

WASHINGTON — Tom Perriello saw it coming but could do nothing to stop it. André Kapanga too. Despite urgent emails, phone calls and personal pleas, they watched helplessly as a company backed by the Chinese government took ownership from the Americans of one of the world’s largest cobalt mines. It was 2016, and a deal had been struck by the Arizona-based mining giant Freeport-McMoRan to sell the site, located in the Democratic Republic of Congo, which now figures prominently in China’s grip on the global cobalt supply. The metal has…

What AUKUS Means for U.S.-China Great Power Competition

Chin@Strategy

This is a hallmark of great power competition: Competitive initiatives like AUKUS provide visible ways to counter or balance or complicate China’s military activities but don’t necessarily help allies meet defined objectives. More often, competition becomes an end in itself — an open-ended imperative that assumes everything an opponent dislikes must be good policy. Another common feature of competitive policies is that officials tend to overlook their costs. For one thing, AUKUS carries significant diplomatic costs at a time when the United States is in desperate need of credibility with…