High-assay low-enriched uranium intelligence — updated daily.
ASP Isotopes subsidiary Quantum Leap Energy and South Africa's Necsa have formed a joint venture to build a commercial HALEU production facility at Pelindaba, with all future output already committed to TerraPower.
Centrus Energy is pursuing a large-scale expansion of its uranium enrichment capacity to supply LEU for existing reactors and HALEU for next-generation reactors, backed by a $116 million supplier acquisition and a $500 million public offering.
General Matter's laser enrichment NRC application becomes public, while NANO Nuclear seeks a license transfer for a new HALEU facility, marking key regulatory steps for domestic capacity.
Advanced fuel fabrication facilities are achieving major milestones, with X-Energy completing a massive building, Kairos Power automating pebble inspections, and NANO Nuclear planning a new HALEU site.
Reactor developers like Radiant and Thorizon are securing long-term HALEU supply agreements and launching fuel qualification programs to advance microreactor and molten salt reactor deployments.
The IAEA identifies HALEU enrichment and advanced-fuel fabrication as major fuel cycle bottlenecks, warning that commercial-scale Western production capacity remains virtually non-existent.
Centrus Energy has acquired centrifuge component supplier Westerman Holdings and secured a $900 million DOE task order to accelerate its commercial-scale HALEU production at the Piketon facility.
Advanced reactor developers TerraPower and X-energy have shared significant updates on their projects, including TerraPower's HALEU offtake agreements and X-energy's Xe-100 Dow Seadrift concept, highlighting the growing fuel demand.
General Matter has made its NRC license application materials publicly available for a proposed uranium enrichment facility in Paducah, Kentucky. The project utilizes laser enrichment technology to produce both LEU and HALEU.
Advanced reactor developer Oklo has announced plans for its Groves-2 project and secured a spot in the DOE's Nuclear Energy Launch Pad program. The company continues to expand its HALEU-powered reactor footprint despite recent interconnection queue challenges.
Quantum Leap Energy and South Africa's Necsa have signed a binding agreement to develop a HALEU production facility at the Pelindaba site. The project is backed by offtake agreements with TerraPower and has already received initial regulatory approvals.
Centrus Energy has reached a $4.5 billion order backlog for LEU and HALEU, solidifying its position as the only publicly traded U.S. company producing HALEU for next-generation reactors. Analysts remain bullish despite anticipated revenue fluctuations leading up to the 2028 Russian uranium import ban.