High-assay low-enriched uranium intelligence — updated daily.
The DOE plans a $2.7 billion investment in domestic uranium enrichment, with $900 million allocated to Centrus, while the GAO reviews federal supply efforts.
Thorizon and Urenco have signed an MoU to cooperate on the molten salt reactor fuel cycle, aligning with Urenco's upcoming HALEU production at Capenhurst.
Centrus Energy has signed definitive multi-year HALEU supply contracts with Antares Nuclear and Radiant, securing crucial prepayments to advance its domestic enrichment capacity buildout.
The deployment timelines for Oklo and NuScale SMRs underscore the urgent need for HALEU. While reactors are expected online by 2028 to the early 2030s, domestic fuel supply remains a critical bottleneck.
Centrus Energy is the only publicly listed U.S. HALEU producer, boasting a $3 billion contract backlog. The company is investing heavily in domestic capacity despite short-term earnings pressure.
The U.S. lacks domestic commercial HALEU supply as advanced reactor demand grows. Geopolitical risks and a ban on Russian uranium are forcing government intervention to build a local supply chain.
NANO Nuclear has purchased a $13.5 million NRC-licensed facility permit in New Mexico to process HALEU. The company faces significant regulatory and capital hurdles to complete the project.
Quantum Leap Energy has finalized a massive 10-year, $3 billion HALEU supply deal with TerraPower. The agreement accelerates QLE's facility expansion across the US, South Africa, and the UK.
Next-generation nuclear companies like Oklo and NuScale are experiencing extended deployment timelines, pushing SMR rollouts to the late 2020s or early 2030s. These delays impact the near-term demand trajectory for HALEU, despite massive supply agreements and advanced reactor designs.
The US ban on Russian enriched uranium imports and new DOE military fuel contracts with Centrus Energy underscore the urgent need for domestic HALEU supply chains. These policy shifts aim to secure national energy security and defense applications against geopolitical concentration.
Centrus Energy reported $176.1M in Q2 2026 revenue and secured significant cash reserves, but faces headwinds from DOE budget cuts for HALEU operations and a decline in core SWU volumes. The company continues to expand its enrichment capacity while navigating market speculations.
Quantum Leap Energy (QLE), a subsidiary of ASP Isotopes, has signed a 10-year, $3 billion HALEU supply agreement with TerraPower. The deal highlights the critical role of advanced fuel fabrication and alternative enrichment technologies like ASP in meeting next-generation reactor demands.