https://www.miningweekly.com
Energy|Mining|Nuclear|Petroleum|Power
Energy|Mining|Nuclear|Petroleum|Power
energy|mining|nuclear|petroleum|power

US developing domestic uranium strategy - Energy Secretary

An image of Jennifer Granholm

Jennifer Granholm

27th October 2022

By: Reuters

  

Font size: - +

WASHINGTON - The United States is working on supplying its own uranium for existing and advanced nuclear reactors that could become commercial in the future to reduce dependency on Russia for the fuel, Jennifer Granholm, the US energy secretary told reporters on Wednesday.

The United States relies on Russia and its allies Kazakhstan and Uzbekistan for roughly half of the uranium powering its nuclear power plants. The administration of President Joe Biden has banned imports of Russian petroleum over Moscow's invasion of Ukraine, but has not banned its uranium.

Biden in August signed the Inflation Reduction Act, which contained $700-million for producing a supply of high assay low enriched uranium (HALEU) that many advanced reactors being developed plan to use. In addition, the administration in March invoked the Cold War-era Defense Production Act to support production and processing of critical minerals.

"The United States wants to be able to source its own fuel from ourselves and that's why we are developing a uranium strategy," Granholm told reporters at an International Atomic Energy Agency conference in Washington.

"We'll be working on ... enhancing that and making sure that we can fuel our own reactors as well as the partners to those who also have those ambitions," she added.

In September, the White House asked Congress for another $1.5-billion in a temporary government funding bill to boost domestic supply of low enriched uranium and HALEU. The measure was not attached to the annual defense spending bill as some lawmakers had concerns about costs.

But Granholm said the administration is "seeking an additional large amount by the year end for a more fulsome strategy."

The Department of Energy has supplies of heavily enriched uranium, from which it can downblend fuel for reactors. Some nuclear power proponents also want to boost US mining and processing of uranium, practices many environmentalists want to limit.

Edited by Reuters

Comments

Showroom

ESAB showroom image
ESAB South Africa

ESAB South Arica, the leading supplier of high-end welding and cutting products to the Southern African industrial market is based in...

VISIT SHOWROOM 
Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (26/04/2024)
26th April 2024 By: Martin Creamer
Mining Weekly Editor Martin Creamer
Copper shares soar and green hydrogen goes digital
26th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.135 0.175s - 89pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: