DOE launches $17.5B loan program to accelerate nuclear buildout
Market Trends · Mining.com ·
The US Department of Energy will provide $17.5 billion in loans to support the buildout of 10 large-scale commercial nuclear reactors, aiming to fast-track deployment by up to three years. Westinghouse — co-owned by Canadian uranium producer Cameco — will partner on procurement, reinforcing US efforts to rebuild its domestic nuclear supply chain.