Trump To Revive Cold War-Era Act to Shield US Uranium Supply

President Donald Trump is reportedly set to invoke the Defense Production Act—a Cold War-era wartime statute—to declare a national emergency over US dependence on foreign uranium and jumpstart domestic nuclear energy supply chains.

Four sources told Reuters the executive orders, expected as soon as Friday, will streamline regulatory approvals for advanced reactors and bolster mining and processing of enriched uranium.

Under the president’s “National Energy Emergency,” Energy Secretary Chris Wright has characterized the effort as a “Manhattan Project 2,” reflecting the urgency of securing fuel for data center–driven power demand. A draft summary reviewed by Reuters indicates the orders direct federal agencies to identify lands and facilities suitable for nuclear development, while simplifying permitting and construction timelines.

The orders also instruct the Energy and Defense Departments to accelerate deployment strategies and authorize the Energy Department to deploy loan guarantees and direct financing for reactor projects. Although the Loan Programs Office now manages hundreds of billions in funding, it has endured significant staff cuts under the current administration.

Despite the US’ historic leadership in nuclear capacity, the industry’s fastest growth is unfolding in China. Nuclear power enjoys rare bipartisan appeal—praised by Democrats for its low carbon footprint and by Republicans for reliability—but faces a perennial impasse over waste disposal.

Representatives from major stakeholders—including the Nuclear Energy Institute and utility Constellation—have been reportedly invited to Friday’s signing ceremony.


Information for this briefing was found via National Newsweek and the sources mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Mergers Set the Stage for Uranium’s Growth Cycle | Forum-Baselode Merger

The Goal is Gold Production as Soon as Possible! | Gordon Robb – ESGOLD Corp.

Snowline Gold: The Multi Billion Dollar Valley PEA

Recommended

First Majestic Produces 7.9 Silver Equivalent Ounces In Q2, Lifts Production Guidance

Antimony Resources Drills 4.17% Antimony Over 7.4 Metres At Bald Hill

Related News

Trump Imposes Social Media Gag Order on Cabinet Picks as Infighting Explodes

U.S. President-elect Donald Trump’s incoming administration has imposed a strict gag order on Cabinet nominees,...

Tuesday, December 31, 2024, 02:10:00 PM

Trump Awaits Jury On Hush Money Scandal, Supporter Warns He “Needs To Get Out Right Now”

As the jury in former US President Donald Trump’s criminal trial in New York resumes...

Thursday, May 30, 2024, 03:17:00 PM

Trump Proposes ‘Migrant Fighting League’ at Evangelical Conference

Former President Donald Trump made controversial remarks about creating a sports league for migrants in...

Monday, June 24, 2024, 01:01:00 PM

Ontario Premier Counters Trump: No Energy for Key U.S. States if Tariffs Hit

The escalating trade tensions between Canada and the United States have taken a sharp turn,...

Thursday, December 12, 2024, 07:36:06 AM

IAEA Says 2.5 Tons Of Uranium Has “Gone Missing” From Libyan Sites

The International Atomic Energy Agency (IAEA) of the United Nations has reported that roughly 2.5...

Thursday, March 16, 2023, 11:13:25 AM