Brief

'The U.S. Department of Energy (DOE) has selected four companies to provide enrichment services to help establish a domestic supply of high-assay low-enriched uranium (HALEU), which is essential for supporting the demonstration and deployment of advanced reactor technologies. This move is part of the Biden-Harris Administration's Investing in America agenda, funded by the Inflation Reduction Act, with the goal of bolstering America's energy and national security, achieving a net-zero emissions economy, and building a strong domestic nuclear fuel supply chain free of influence from adversarial foreign nations. The selected companies will bid on future work to produce and store HALEU in the form of uranium hexafluoride gas to eventually be made into fuel for advanced reactors, supporting the buildout of a robust HALEU supply chain in the United States.'

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U.S. Department of Energy

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