https://www.miningweekly.com/article/us-to-start-buying-up-to-27bn-in-domestic-nuclear-reactor-fuel-2024-06-27The US is bidding to eventually buy up to $2.7-billion of domestically-supplied enriched uranium, in an effort to boost the supply chain for the nuclear reactor fuel and steer the country away from buying it from Russia, the Energy Department said on Thursday.
The Department of Energy plans to award two or more contracts, which will last for up to ten years, depending on the availability of funding. The sources can include new enrichment facilities or projects that expand the capacity of existing enrichment facilities. The move could benefit Centrus Energy and Urenco, a British and Dutch, German company with operations in New Mexico. Proposals are due on August 26.
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