America's Nuclear Revival Is Running Into A Fuel Supply Wall

Summary

America's Nuclear Revival Is Running Into A Fuel Supply Wall Authored by Haley Zaremba via OilPrice , Foreign suppliers provided 93% of the uranium delivered to U.S. reactors, so progress on domestic enrichment still leaves the front of the fuel chain exposed. Only five plants worldwide convert uranium at scale. Per the National Interest, the West needs about 44,000 metric tons of feedstock a year and has roughly 34,000 tons of capacity. Urenco USA’s New Mexico plant covers about a third of U.S. enrichment demand and says its expansion is ahead of schedule and on budget, but Russia still…

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