US Fuel Supply Policies

Even though toll enrichment is a relatively new mechanism for the distribution of US enriched uranium, having only become available at the beginning of this year, the fundamental supply principles of the US Atomic Energy Commission have remained unchanged. In particular, I would like to call your attention to the two basic principles which have served as the foundation for the US supply policy, dating from President Eisenhower's supply policy enunciation of almost thirteen years ago. First, there is the assurance of long term availability of enriched uranium for periods of time equivalent to the reasonable economic life of the facilities supplied, and second, the principle of nondiscriminatory terms and conditions which are as nearly as possible identical to those applicable to US customers of enriched uranium.