Earlier quoted context omitted.
France's program is effectively government run, and heavily in debt. I cannot find indication that reprocessing is profitable in the short term, but obviously it has advantages in the long term by reducing waste. That said it does not eliminate the waste issue, nor is France buying up spent waste from neighbors to cash in, nor are they dumping it in the ocean or children's playgrounds (it is still extremely harmful).…
A nuclear waste reprocessing program should be 100% government run, or at least government controlled, because part of the process involves refining the plutonium that could then be used to make nuclear weapons. This is why most countries don't reprocess their spent fuel, it's considered a nuclear weapon proliferation risk to reprocess, and the downside of accumulating spent fuel waste is considered minor in comparis…
Still, there are risks, and I agree it makes sense for reprocessing facilities to be government controlled.
That being said, without also deploying breeder reactors at scale there's not a lot of benefit from reprocessing.