Congress appropriated $75 million to the Energy Department to establish one in 2020, yet the department hasn’t purchased a single ounce of U.S. We must also establish a strategic uranium reserve to spur domestic production. In 2020 Congress capped Russian uranium imports. cannot develop a commercial capability to compete against Rosatom while we depend on foreign uranium. Biden seems so eager for an Iran nuclear deal that he appears willing to waive sanctions on both countries so this contract can proceed. The company also has a $10 billion contract to expand Iran’s Bushehr plant. Putin personally pitched Rosatom’s services to India, Egypt and Turkey. Rosatom has become a significant lever of Russian foreign policy. It is an important source of Russian revenue. It builds and fuels reactors and removes spent fuel. Rosatom is a global full-service nuclear company. Putin has a personal interest in the success of Rosatom, a company he founded in 2007.
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