The White House has produced a $ 4.3 billion plan that requires congressional approval. The money will be used to buy nuclear fuel from American manufacturers.
The administration of U.S. President Joe Biden has developed a plan to buy enriched uranium from local producers for $ 4.3 billion, which will eliminate Russian nuclear fuel. This was reported on June 7 by Bloomberg, citing sources.
It was noted that representatives of the Department of Energy met with key representatives of Congress and said such funding was urgently needed. Any disruption in the supply of enriched Russian uranium could disrupt commercial nuclear reactors, they said.
The funds, which require legislators ’approval, are planned to be directed at creating facilities for uranium enrichment in the United States, so that as a result the federal government can buy it from local producers.
“However, it will not be easy for the US to start a domestic uranium industry. There is only one commercial enrichment facility left in the country-a plant in New Mexico owned by Urenco Ltd., a British-German-Dutch consortium. , “the agency stressed.
According to Bloomberg, negotiations with congressmen took place against the backdrop of the White House considering the possibility of imposing sanctions on the import of enriched uranium from Russia as another restriction in response to the invasion of Ukraine.
At the same time, the US administration is investigating the prospect that Russia might stop imports.
The Russian Federation will account for 16.5% of uranium imported into the U.S. by 2020 and 23% of the enriched uranium needed to operate U.S. commercial nuclear reactors.
Recall that in March, Energoatom announced that it had completely refused to buy Russia’s nuclear fuel.
Source: korrespondent

I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.