Sanctions on Russia have created a large shortage of HALEU production capabilities for Western nations. The United States nuclear industry will need HALEU to support the federal activities to commercialize advanced reactors, but the industry is not currently in the position to fund the actions to establish the necessary fuel supply chain. The United States government has taken the role of initiating the market signal needed to begin the development of a domestic US supply chain by providing significant federal funding, establishing a HALEU bank and HALEU consortium, and preparing to create a HALEU Availability Program for which the draft RFP is soon to be released. The final cost of HALEU fuel will have to be considered when establishing this supply chain to allow for the supply chain to produce reasonably priced fuel.
