Story perspectives

U.S. Invests $2.7 Billion to Boost Domestic Uranium Supply

1/8/2026

40 9

Summary

Story summary

The U.S. Department of Energy announced $2.7 billion in contracts to boost domestic uranium enrichment and reduce reliance on Russian supplies.
American Centrifuge Operating, General Matter, and Orano Federal Services received $900 million to develop low-enriched uranium and HALEU for nuclear reactors.
Secretary of Energy Chris Wright emphasized the administration's commitment to securing a domestic nuclear fuel supply chain.
Global Laser Enrichment received $28 million to advance uranium enrichment technology.

1 of 1

Story summary

The U.S. Department of Energy announced $2.7 billion in contracts to boost domestic uranium enrichment and reduce reliance on Russian supplies.
American Centrifuge Operating, General Matter, and Orano Federal Services received $900 million to develop low-enriched uranium and HALEU for nuclear reactors.
Secretary of Energy Chris Wright emphasized the administration's commitment to securing a domestic nuclear fuel supply chain.
Global Laser Enrichment received $28 million to advance uranium enrichment technology.