The United States bears the costs due to dependence on nuclear fuel from Russia

Shivam Bangwal August 24, 2023

538 1 minute read

The United States bears the costs due to dependence on nuclear fuel from Russia

Citing White House nuclear adviser Pranaya Waddy, reports that the United States is incurring costs due to excessive dependence on Russia in the field of nuclear fuel, to solve this problem they plan to increase the production of enriched uranium and expand capacity at the Urenco plant in the state of New -Mexico.

The United States is suffering costs due to increased dependence on the Russian Federation in terms of nuclear fuel. To solve this problem, it is planned to increase the production of enriched uranium, as well as expand the capacity at the Urenco plant located in New Mexico. The Bloomberg news agency learned about this from the White House nuclear adviser Pranaya Waddy.

The publication emphasized that America is overly dependent on Russian nuclear fuel, as a result of which there are costs not only for the United States but for the whole world.

Now the capacity of the Urenco plant is enough to cover only 30% of America’s needs. The company is working to increase the production of enriched uranium. It is planned that by 2027 the turnover will increase by 15%.

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Karen Fili, who holds the post of executive director in the American branch, emphasizes that the increase in production will allow covering the share of Rosatom in 4 years. However, the details of the costs are not disclosed.

Feely is confident that investing in her company is the most appropriate solution for the US. The increase in capacity will cut off all external sources, making America less dependent on Russian resources.