Home Business Biden-Harris Administration Announces Contracts to Buy U.S.-Sourced Low Enriched Uranium

Biden-Harris Administration Announces Contracts to Buy U.S.-Sourced Low Enriched Uranium

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WASHINGTON, D.C.— As a part of the Biden-Harris Administration’s Investing in America agenda, the U.S. Department of Energy (DOE) right now chosen 6 corporations from which it might probably signal contracts to acquire low enriched uranium (LEU) with a view to incentivize the build-out of latest uranium manufacturing capability within the United States. Today’s announcement reinforces the Biden-Harris Administration’s dedication to making sure customers throughout the nation have entry to inexpensive, dependable electrical energy and good-paying clear vitality jobs, whereas constructing resilient provide chains free from Russian affect. 

“These contracts generated from this motion will assist spur the secure and accountable build-out of uranium enrichment capability within the United States,” mentioned Principal Deputy Assistant Secretary for Nuclear Energy Dr. Michael Goff. “We should enhance our capability to provide enriched uranium domestically to help the vitality safety and resilience of the Nation.” 

DOE chosen these 6 corporations that may have the ability to compete for future work to produce LEU, fostering robust industrial sector funding: 

  • American Centrifuge Operating, LLC  
  • General Matter, Inc. 
  • Global Laser Enrichment, LLC  
  • Louisiana Energy Services, LLC 
  • Laser Isotope Separation Technologies, Inc. 
  • Orano Federal Services, LLC 

Developing new home manufacturing capability for LEU ensures an satisfactory gasoline provide is obtainable from trusted sources to keep up the present fleet of U.S. reactors and builds a robust base to produce future deployments of superior nuclear reactors each at house and overseas. Through these contracts, DOE will purchase LEU generated by new home sources—both at totally new services or from tasks that increase current capability. All contracts will final for as much as 10 years and every awardee receives a minimal contract of $2 million. 

More info on DOE’s efforts to develop nuclear gasoline provide chains for current and future reactors might be discovered at Domestic Low Enriched Uranium Supply Chain | Department of Energy. 

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