High-assay low-enriched uranium intelligence — updated daily.
General Matter has submitted an NRC license application for a commercial enrichment plant in Paducah, Kentucky. Concurrently, BWXT is executing a $1.5 billion NNSA contract to rebuild U.S. defense and enrichment capabilities.
Centrus Energy's cumulative order backlog for LEU and HALEU surged to $4.5 billion. The company recently signed multi-year HALEU supply contracts with Antares and Radiant, alongside a $500 million public offering.
NANO Nuclear Energy and Quadrant Nuclear Industries signed an MoU for the long-term offtake of HALEU to support the KRONOS MMR Energy System. QNI plans to produce 18 metric tons annually at INL.
Urenco USA has started production in its sixth enrichment cascade in New Mexico, completing 75% of its capacity expansion. Meanwhile, Urenco signed an MoU with Thorizon to explore molten salt reactor fuel supply chains.
X-energy's subsidiary TRISO-X has completed the vertical construction of its 214,000-square-foot advanced nuclear fuel fabrication facility in Oak Ridge, Tennessee. The milestone marks a significant step forward in scaling up TRISO fuel production for next-generation reactors.
A new Carnegie Endowment paper highlights the "chicken and egg" dilemma facing the HALEU fuel industry, citing high plant costs and a lack of deployed advanced reactors. The authors conclude that government stimulus is necessary to overcome these market barriers.
Centrus Energy has finalized a $900 million DOE task order to expand HALEU production capacity at its Piketon plant. Concurrently, Guggenheim initiated coverage of the company with a Buy rating, highlighting its unique market position.
The UK and US have launched a joint partnership to develop and certify secure transport packaging for HALEU. This collaboration aims to resolve a critical supply chain bottleneck for next-generation nuclear reactors.
LIS Technologies has received uranium hexafluoride feedstock at its Oak Ridge facility to support commissioning for its fourth-generation CRISLA-4G laser isotope separation technology. The company aims to reach Technology Readiness Level 5 with these critical experiments.
Advanced Small Modular Reactors (ASMRs) are increasingly attracting global interest due to their enhanced safety and flexible designs. This growing demand for ASMRs is directly fueling the need for specialized High-Assay Low-Enriched Uranium (HALEU) fuel.
LIST Technologies received its first UF6 shipment for laser enrichment testing in Oak Ridge, while Cameco finalized an offtake agreement for all Global Laser Enrichment output.
A new Carnegie Endowment report highlights the 'chicken and egg' dilemma in the HALEU fuel industry, urging government stimulus to align fuel fabrication with reactor deployment.