GLE’s CY2024 plan and budget provides for progress in other key commercialisation efforts, including several activities related to the planned PLEF:
• advancing technology maturation (i.e., TRL-7 and 8) and manufacturing activities (i.e., MRL-7 and 8) in preparation for commercial deployment;
• completion of GLE’s new facility in Wilmington (occupancy taken up in June 2024), which provides significant additional space for continued growth of the GLE team, and in-house manufacturing capability to support GLE’s commercialisation program;
• Paducah, KY site acquisition activities, with GLE executing a set of agreements in June 2024 that provide GLE with an option to purchase a ~650 acre parcel of land for the planned PLEF – situated adjacent to the DOE’s former first-generation Paducah Gaseous Diffusion Plant, at which the legacy depleted uranium inventories (PLEF feedstock) are located; and
• preparations for the NRC commercial plant licence for the PLEF, including the deployment of a highly experienced regulatory team to support the required safety and environmental assessments and licence application documentation.
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