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Evidently General Matter Inc. and Louisiana Energy Services,...

  1. zog
    3,319 Posts.
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    18/10/24
    17:44
    Post #: 76193747
    Evidently General Matter Inc. and Louisiana Energy Services, operates Urenco Ltd.’s New Mexico enrichment plant

    ttps://www.bnnbloomberg.ca/investing/2024/10/17/us-awards-uranium-enrichment-contracts-to-centrus-orano/

    So not unexpected result is really Urenco, Orano and Centrus - all will need LUE to produce the HALEU - Orano and Urenco can do this but Centrus does not (yet) have an LEU capability (I assume it can't use Tenex supplied LEU) - the Centrus HALEU plant though is owned by the DoE (Centrus just operate it on a cost plus basis)
    SLX Price at posting: $5.06 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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