The new bill, number S.3482, aims to prioritize activities to:
- increase domestic production of low-enriched uranium
- and accelerate efforts to establish a domestic high-assay, low-enriched uranium enrichment capability
The bill comes as Poland has announced it has partnered with the US to build it’s first nuclear power plant; and in Japan, the Prime Minister’s advisory panel has approved a plan to extend the lifespans of nuclear reactors beyond 60 years, as well as build new units to replace those that are decommissioned.
You can read our latest report on the renaissance in nuclear energy and what this means for uranium.