Uranium & Fuel

US Must Invest Up To $170 Billion In Nuclear Fuel Supply Chain To Meet Capacity Goal, Says Report

By Nigel Davies
12 May 2026

Conversion, enrichment and reprocessing require most investment, according to McKinsey

US Must Invest Up To $170 Billion In Nuclear Fuel Supply Chain To Meet Capacity Goal, Says Report
McKinsey said the US must act fast and invest heavily in the entire nuclear fuel supply chain. Courtesy Westinghouse/Fortum.
The US must act fast and invest heavily in the entire nuclear fuel supply chain in order to secure full domestic supply and support a target of adding 300GW of reactor capacity by 2050, according to a report by business consultancy McKinsey.

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