Source: Eurasiareview.com / World Nuclear News | April 26, 2020

Directly purchasing uranium by establishing a uranium reserve, ending the Department of Energy’s bartering of uranium and re-evaluating DOE’s excess uranium inventory management policy are among the US Nuclear Fuel Working Group’s (NFWG) recommendations to the US Administration in a strategy it published yesterday on reviving the USA’s nuclear fuel cycle.

President Donald Trump established the NFWG on 12 July last year to undertake a fuller analysis of national security considerations with respect to the entire nuclear fuel supply chain. This followed a presidential decision in response to a Section 232 Petition from two US uranium miners, Energy Fuels Inc and Ur-Energy, which called for a quota on uranium imports.

In its report, titled Restoring America’s Competitive Nuclear Energy Advantage: A strategy to assure US National Security, the NFWG says: “The clear outcome of the Working Group’s efforts is confirmation that it is in the nation’s national security interests to preserve the assets and investments of the entire US nuclear enterprise and to revitalize the sector to regain US global nuclear leadership. We can accomplish this by addressing domestic and international security interests, expanding nuclear generation, minimizing commercial fleet fiscal vulnerabilities, assuring defense needs for uranium, and leveling the playing field against [foreign] state-owned enterprises.”

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