"GLE also is preparing a submission to the High-Assay Low-Enriched Uranium (HALEU)Nuclear Fuel Supply Chain Innovative Technology Notice of Funding Opportunity (NOFO),under which ~US$80m in funding is available to support Demonstration Projects andResearch and Development Projects aimed at addressing technological advancement acrossthe front-end nuclear fuel cycle. The funding is made available under the DOE’s HALEUAvailability Program, authorised under the Inflation Reduction Act (IRA) in August 2022, withsubmissions due by 12 March 2025."
An interesting question for the Perth meeting next Monday (17/3) will be "Did SLX submit a response to this RfP on 12/3 and if so what are the prospects of the Trump2 administration honouring any expenditure under this heading since it is understood that IRA expenditure is now frozen?"
SLX Price at posting:
$3.92 Sentiment: None Disclosure: Held
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(20min delay)