A $4.3 billion plan aimed at weaning the US off Russian supplies of enriched uranium is awaiting approval from Congress, according to unnamed sources close to the matter, as quoted by Bloomberg.
If approved, the plan will provide funds to purchase the nuclear-reactor fuel directly from US producers, allowing Washington to halt imports from Russia.
The US is the world’s largest producer of nuclear energy, accounting for roughly 20% of domestic electric output. Russia reportedly accounted for 16.5% of the uranium imported into the US in 2020 and 23% of the enriched uranium needed to power the country’s commercial nuclear reactors.