United States: Congress Weighs Federal Role in Nuclear Fuel Procurement

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The possibility of launching a domestic US nuclear fuel bank to guarantee US utilities a supply of non-Russian low-enriched uranium (LEU), which was recently proposed by the US Department of Energy (DOE) to legislators in Congress, comes as the Biden administration continues efforts to secure high-assay low-enriched uranium (Haleu) for a planned advanced reactor program. The DOE push on Capitol Hill indicates the Biden administration intends to at some point halt Russian nuclear fuel imports, which remains an unused policy lever in its escalating response to Russia's continued invasion of Ukraine.

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