This past year we saw the production of the first 20 kilograms of high-assay, low-enriched uranium (HALEU) in the U.S. by Centrus Energy. And in 2024, Centrus expects to increase production to 900 kilograms. On top of this, the U.S. recently (on January 9th) showed their commitment to new reactors with the DOE issuing “a request for proposals (RFP) for uranium enrichment services to help establish a reliable domestic supply of fuels using high-assay low-enriched uranium (HALEU).” There aren’t just steps being taken to make more HALEU in the United States—there is work being done abroad as well. Britain, as part of the aforementioned £300 million investment, will be financing domestic production of HALEU. They expect their first production plant to be operational by the early 2030s.
SLX Price at posting:
$4.50 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)