The Department of Energy's (DOE’s) Nuclear Fuel Defense Production Act (DPA) Consortium will bemeetingon Thursday morning to “provide updates to the public on the progress of the Consortium and provide commentary on approved Plans of Action”.

Trump: "The US is going heavy into nuclear. I wasn't a fan of nuclear, but the safety progress they've made with nuclear is unbelievable. We are very much into the world of nuclear energy"

We've been covering the Nuclear Fuel Consortium's meetings sincetheir initial get togetherin October. The consortium has met multiple times since then behind closed doors and has offered little insight as to what progress is being made to address theunderlying issueof alack of a domestic nuclear fuel chain in the United States, a lack which the following comprehensive chart shows in all its shocking glory.

The consortium islooking to addressthe shortages across the nuclear fuel supply chain frommining through milling, conversion, enrichment, deconversion, fabrication, recycling, and reprocessing. Parallel progress has been made in various forms over the past few months.

The DOE launched theFuel Line Pilot Programto kickstart the fabrication stage and recentlyput out an RFAfor the recycling and reprocessing steps. As we've covered at length, the enrichment stage of the fuel chain has been addressed with almost$3 billionin awards from the DOE and over$4 billionfrom the Ex-Im Bank.

If you can count the outstanding award program that's already been announced for the deconversion stage, the DOE has yet to address themining, milling, and conversion stages.

We've documented thisat lengthas well, as the US imports about99% of the raw uranium orefor its commercial nuclear power fleet.Milling capacity is also at a minimumin the country, andconversion is just as limited with only one facility in operationin the States.

Today the DOJ Antitrust Division helped deliver on the critical need to expand energy infrastructure to help America win the AI race.The Division has approved a framework to encourage industry and government collaboration to strengthen our nuclear fuel supply chain pursuant to…

For reference, as we similarly provided inour coverageof the Department of Justice clearing the companies involved in the consortium of potential antitrust violations, here are the companies to keep an eye on Thursday:

Source: ZeroHedge News