Is there economic merit in requesting Iran to lead spent nuclear fuel separation and re-commercialization?

Would it be economically sound for the United States to take the lead in proposing the following arrangement to Iran as an additional negotiating card?

The proposal would first permit Iran to maintain its non-weapons-grade uranium enrichment capability, then request that Iran undertake element-by-element separation of spent nuclear fuel, and further allow Iran to sell the resulting re-commercialized materials to NPT member states.

Iran appears to be seeking the right to maintain civilian-level uranium enrichment capacity. Suppose the United States were to offer this as an additional negotiating card — actively clearing political and legal obstacles on Iran’s behalf — while also requesting that Iran take on spent fuel reprocessing responsibilities.

It is worth noting that while no country has yet achieved complete reprocessing and full re-commercialization of spent nuclear fuel, Japan is arguably the closest to that threshold. Under this arrangement, Japan would provide technical assistance under American oversight.

Given this scenario, from a strictly economic standpoint:

– Would the benefits extend to the world as a whole?

– Would the international community find this arrangement acceptable?

– Could this represent a shift from the pursuit of private gain toward mutual prosperity?

– Could a viable business model be established around this?

– Would the associated risks fall within insurable limits?

– Would Iran view this card as sufficiently attractive from an economic perspective?​​​​​​​​​​​​​​​​