High-assay low-enriched uranium intelligence — updated daily.
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.
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.