Fueling the Nuclear Renaissance: Rebuilding Domestic Supply with Eagle Nuclear Energy

In this episode we chat to Mark Mukhija, CEO of Eagle Nuclear Energy, a company focused on uranium development and advanced nuclear technology.

We discuss Eagle’s Aurora Uranium Project, its scale and pathway towards a pre-feasibility study, as well as the challenges of rebuilding a domestic U.S. uranium supply chain. Mark also shares his perspective on SMRs, the potential impact of AI on nuclear development, and what the uranium and nuclear industries could look like over the next decade.

KEY TAKEAWAYS

The United States faces an extreme domestic supply deficit, consuming roughly 50 million pounds of uranium annually while producing only about 2 million pounds.

Eagle Energy is advancing its Aurora Project—the largest conventional mineable uranium deposit in the U.S.—toward a pre-feasibility study targeted for completion by late next year.

Advancements in small modular reactors (SMRs) and massive power demands from AI reinforce that reactor deployment must be backed by a secure, reliable uranium fuel pipeline.

Overcoming the multi-year development lead times for new mines requires strategic reserves, permitting reform, and substantial upfront capital investment before demand peaks

BEST MOMENTS

"You can’t have a nuclear renaissance without a uranium renaissance."

"AI is creating this huge demand for 24/7 electricity, but it’s also helping nuclear companies develop this technology and make it come to market sooner."

"A pre-feasibility study is really when you start turning a geological resource into an engineered project."

"Uranium [is] being stopped to be looked at just another mined commodity, but it's going to become a very strategic energy necessity."