The CY2023 plan and budget involves bringing forward activities, approximately doubling project expenditures compared to CY2022 – creating the potential opportunity to complete the commercial-scale pilot demonstration project as early as mid-2024 (previously c.2025)1
US Government passed ‘Inflation Reduction Act’ in August 2022 – includes US$700 million support for the HALEU3 Availability Program – draft Request for Proposal (RFP) response to request for comments submitted 6 July 2023
• New ‘Nuclear Fuel Security Act’ before Congress could provide additional funding support for LEU / HALEU production
• Other draft Bills that may result in the ban of Russian imports of nuclear fuel to the US – progressing through Congress
SLX Price at posting:
$3.60 Sentiment: Buy Disclosure: Held
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