As it stands, U.S. nuclear generators import almost all of their uranium from other countries. Locations include Canada, Australia, Russia, Uzbekistan, and Kazakhstan.
With uranium usage above 32 million pounds, there is a significant opportunity for the U.S. to take a look at their domestic supply chain.
States such as Colorado, Utah, Arizona, Wyoming and New Mexico already have uranium mined areas. Parts of Wyoming, Idaho and Montana have large areas that are not currently being mined, hence the opportunity at hand.
By July 4th, 2026, President Trump wanted to have 3 research & development sites for advanced nuclear reactors identified outside of national laboratories. The president is focused on his ambitions to reform nuclear reactor testing and to deploy nuclear reactor technologies for national security.
The Department of Energy (DOE) also has the high-assay low-enriched uranium allocation program where there have been 5 companies selected for the first-round criteria. The second round supports the testing of advanced reactor designs and the establishment of domestic fuel lines.
More info at the following links; https://www.energy.gov/articles/energy-department-announces-first-pilot-project-advanced-nuclear-fuel-lines; https://www.eia.gov/todayinenergy/detail.php?id=64444; https://www.neimagazine.com/analysis/fuelling-the-future/
Picture: Georgia Power