Connecting the Dots
The white house 2 days ago announced plans to fast track consenting and funding for clean energy projects.
https://www.power-eng.com/policy-regulation/how-the-biden-admin-plans-to-fast-track-clean-energy-permitting/
Cameco/ GLE are going to build a new conversion and Laser Enrichment plant at Puducah subject to DOE support and financing.
Conversion along with enrichment makes perfect sense. The only conversion plant in the USA is owned by Honeywell and not operational. Honeywell have announced plans to restart the plant in 2023. However this plant is inadequate to meet future needs and being 60 years old is considerably out of date. The USA is looking for security of supply and GLE are the only cab on the rank that can offer an holistic approach. Cameco have the experience and the knowledge. They own and operate the Port Hope conversion facility in Canada .
https://www.powermag.com/honeywell-to-reopen-sole-u-s-uranium-conversion-plant/
GLE production start prediction and progress, page-2
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