Nowclear - thanks. I thought the Olga missed a point in her interview. She makes it clear that there will be a large (22mlbs/yr) shortfall of western conversion supply in 2030 and then goes on to say that if Centrus, Orano, Urenco and GLE all come on board by about 2028 then enrichment supply for 2030 should just about balance. She then goes on to say that a bottleneck will still occur in conversion. What she doesn't say (but implies) is:
- the GLE production from the PLEF will address BOTH conversion and enrichment (i.e it will remove 5mlbs/yr from the conversion shortfall for 2030 - that overfeeding will not happen if there is insufficient conversion. So (without more conversion in the west) we shall all be needing Russian conversion to provide necessary fuel (and maybe overfeed centrifuges) - does not talk about demand for HALEU
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