Federal Register - August 2, 2021
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Source: Federal Register
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Federal Register / Vol. 86, No. 145 / Monday, August 2, 2021 / Notices
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The U.S. uranium industrys low production levels force U.S. nuclear power generators into heavy
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miners side, sales and export data show that U.S. producers are selling more product than they are producing, indicating that contracts are being fulfilled with either inventory, spot market purchases, or other. U.S. mines have resorted to buying spot market uranium in order to fulfill contracts since it is cheaper than producing themselves.
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dependence on foreign uranium supplies. Of the 98 active U.S. nuclear reactors, only four have annual
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requirements less than 331,000 pounds U3O8 per year, which is the total U.S.
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Key factors in this investigation include growth requirements of domestic industries to meet national defense requirements; however, reduction of uranium production
facilities limits the capacity available in the event of a national emergency. The United States cannot be subject and should not be subject to foreign dependence in the face of potential uranium needs in an emergency scenario. The decline of the U.S.
uranium production industry limits availability and puts the U.S. at risk, impairing national security. On the
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3. Reduction of Uranium Production Facilities Limits Capacity Available for a National Emergency and Threatens To Impair National Security