US Reactor Fuel Makers Get $2.7 Billion in Funding Bill (1)

The US uranium enrichment industry would get a $2.7 billion infusion in a government funding bill unveiled Sunday, reflecting efforts to wean the nation off nuclear fuel imported from Russia.

The funding, which was requested by the White House, is part of a broader plan by President Joe Biden’s administration to buy enriched uranium directly from domestic producers. The goal is to spur the return of nearly dormant US capabilities by creating a guaranteed buyer of American-made nuclear reactor fuel.

The effort comes as the Senate may join the House in passing legislation that would bar imports of ...