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 funding would be repurposed from a credit program for domestic nuclear reactors that was included in 2022 bipartisan infrastructure law. It’s earmarked to help create a market for domestic production of the enriched uranium used as fuel in the US fleet of more than 90 nuclear reactors as well as for highly-enriched uranium used in a new breed of advanced reactors that is currently only produced in Russia.
Congress is seeking to pass the underlying bill needed to prevent a partial government shutdown before a Friday deadline.