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US Awards $2.7B to Rebuild Domestic Uranium Enrichment
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US Awards $2.7B to Rebuild Domestic Uranium Enrichment
The US Department of Energy awarded $2.7 billion on January 5 to three companies to restore domestic uranium enrichment capacity, accelerating a push to end American dependence on Russian nuclear fuel ahead of a 2028 import ban. Task orders of $900 million each went to Orano Federal Services, American Centrifuge Operating, and General Matter, distributed in phases as each company hits milestones. The US currently imports about two-thirds of the …
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