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Investing.com-- The U.S. has offered energy companies access to nuclear waste that can be converted into fuel for advanced reactors, the Financial Times reported on Tuesday.
The move is largely aimed at furthering local nuclear energy production and breaking Russia’s dominance in uranium supply chains.
The Department of Energy on Tuesday published an application that nuclear energy firms can use to seek up to 19 metric tonnes of the government’s weapons-grade plutonium from cold war-era warheads, the FT reported.
The FT said at least two firms– Oklo, which is backed by OpenAI’s Sam Altman, and France’s Newcleo, are expected to apply for access.
The move is the latest in the Donald Trump administration’s efforts to boost local energy production, especially as electricity demand surges on the back of artificial intelligence. Trump has expressed support for the nuclear industry in his bid to ramp up U.S. energy production.