Uranium Enrichment & Fuel Cycle

Global Laser Enrichment has begun its uranium demonstration testing at its Test Loop facility in Wilmington, N.C., the company announced in a May 7 press release. The company said its testing program for the SILEX enrichment process is expected to be a pivotal validation of large-scale performance. An independent engineering contractor will assess all of […]

Earnings rose at Centrus Energy, based in Bethesda, Maryland, in the first quarter, which the uranium broker and enrichment technology developer attributed to resolved contracts and supply orders. Net earnings for the first quarter ended were $27.2 million, or $1.60 a share, compared to $6.1 million, or $0.38 a share, in the year-ago quarter. Quarterly […]

Earnings rose at Centrus Energy, based in Bethesda, Maryland, in the first quarter, which the uranium broker and enrichment technology developer attributed to resolved contracts and supply orders. Net earnings for the first quarter ended were $27.2 million, or $1.60 a share, compared to $6.1 million, or $0.38 a share, in the year-ago quarter. Quarterly […]

Uranium Energy Corp ( CEO, founder and president Amir Adnani has been appointed to the World Nuclear Association’s Board of Management. “It’s an honor to join the WNA [World Nuclear Association] Board of Management at such a pivotal time for our industry,” Adnani stated in a Uranium Energy Corp (UEC) press release from April 17. […]

Uranium Energy Corp. CEO, founder and president Amir Adnani has been appointed to the World Nuclear Association’s Board of Management. “It’s an honor to join the WNA [World Nuclear Association] Board of Management at such a pivotal time for our industry,” Adnani stated in a Uranium Energy Corp. (UEC) press release from April 17. “I […]

BWX Technologies announced Tuesday it acquired 97 acres of land in Oak Ridge, Tenn. with the goal of rebuilding domestic uranium enrichment capabilities by manufacturing centrifuges. According to the emailed press release, the land acquisition would support DOE and its semi-autonomous National Nuclear Security Administration’s (NNSA) deployment of Domestic Uranium Enrichment Centrifuge Experiment (DUECE) technology. […]

Orano USA and Curio announced on April 9 to have agreed to a Memorandum of Understanding (MOU) to partner up to create a new pathway in advanced nuclear fuel management. Orano USA, based in Maryland, and Curio, based in Washington D.C., both specialize in nuclear technology centered around nuclear waste management.  Through the MOU, Orano […]

The city of Oak Ridge, Tenn., is studying alternative sites for a municipal airport with land cleaned up by the Department of Energy now earmarked by Orano USA for a major uranium enrichment project. Although a local airport has been long sought by the city of Oak Ridge, Exchange Monitor reported in October 2024 it […]

BWX Technologies announced Tuesday it acquired 97 acres of land in Oak Ridge, Tenn. with the goal of rebuilding domestic uranium enrichment capabilities by manufacturing centrifuges. According to the emailed press release, the land acquisition would support DOE and its semi-autonomous National Nuclear Security Administration’s (NNSA) deployment of Domestic Uranium Enrichment Centrifuge Experiment (DUECE) technology. […]

BWX Technologies announced Tuesday it acquired 97 acres of land in Oak Ridge, Tenn. with the goal of rebuilding domestic uranium enrichment capabilities by manufacturing centrifuges. According to the emailed press release, the land acquisition would support DOE and its semi-autonomous National Nuclear Security Administration’s (NNSA) deployment of Domestic Uranium Enrichment Centrifuge Experiment (DUECE) technology. […]

The city of Oak Ridge, Tenn., is studying alternative sites for a municipal airport with land cleaned up by the Department of Energy now earmarked by Orano USA for a major uranium enrichment project. Although a local airport has been long sought by the city of Oak Ridge, Exchange Monitor reported in October 2024 it […]

The city of Oak Ridge, Tenn., is studying alternative sites for a municipal airport with land cleaned up by the Department of Energy now earmarked by Orano USA for a major uranium enrichment project. Although a local airport has been long sought by the city of Oak Ridge, Exchange Monitor reported in October 2024 it […]

BWX Technologies announced Tuesday it acquired 97 acres of land in Oak Ridge, Tenn. with the goal of rebuilding domestic uranium enrichment capabilities by manufacturing centrifuges. According to the emailed press release, the land acquisition would support DOE and its semi-autonomous National Nuclear Security Administration’s (NNSA) deployment of Domestic Uranium Enrichment Centrifuge Experiment (DUECE) technology. […]

Orano USA and Curio announced on April 9 to have agreed to a Memorandum of Understanding (MOU) to partner up to create a new pathway in advanced nuclear fuel management. Orano USA, based in Maryland, and Curio, based in Washington D.C., both specialize in nuclear technology centered around nuclear waste management.  Through the MOU, Orano […]

The Department of Energy has conditionally agreed to provide five companies with high-assay low-enriched uranium (HALEU) for advanced nuclear projects.  The five companies awarded are: Kairos Power based in California; Radiant Industries based in California;  TerraPower based in Washington; TRISO-X, a Tennessee-based nuclear fuel subsidiary of X-Energy; and, Westinghouse Electric based in Pennsylvania. HALEU is […]

The Department of Energy has conditionally agreed to provide five companies with high-assay low-enriched uranium (HALEU) for advanced nuclear projects.  The five companies awarded are: Kairos Power based in California; Radiant Industries based in California;  TerraPower based in Washington state; TRISO-X, a Tennessee-based nuclear fuel subsidiary of X-Energy; and, Westinghouse Electric based in Pennsylvania. HALEU […]

The Department of Energy could issue draft solicitations for key contracts at the Paducah Site in Kentucky and the Portsmouth Site in Ohio as soon as July, according to a recent notice. The DOE Office of Environmental Management said last month draft requests for proposals (RFPs) could come as early as July for Paducah environmental […]

The Department of Energy has conditionally agreed to provide five companies with high-assay low-enriched uranium (HALEU) for advanced nuclear projects.  The five companies awarded are: Kairos Power based in California; Radiant Industries based in California;  TerraPower based in Washington; TRISO-X, a Tennessee-based nuclear fuel subsidiary of X-Energy; and, Westinghouse Electric based in Pennsylvania. HALEU is […]

The Department of Energy could issue draft solicitations for key contracts at the Paducah Site in Kentucky and the Portsmouth Site in Ohio as soon as July, according to a recent notice. The DOE Office of Environmental Management said last month draft requests for proposals (RFPs) could come as early as July for Paducah environmental […]

While Wall Street focuses on the S&P 500’s worst quarter in three years due to trade-war threats, the nuclear enterprise could also face market slowdown as uranium stocks fall even further, according to published reports. President Donald Trump has imposed a 10% tariff on energy resources from Canada since early March. He paused the tariffs […]

While Wall Street focuses on the S&P 500’s worst quarter in three years due to trade-war threats, the nuclear enterprise could also face market slowdown as uranium stocks fall even further, according to published reports. President Donald Trump has imposed a 10% tariff on energy resources from Canada since early March, and he will give […]

Revenue rose at Centrus, Bethesda, Md., in the fourth quarter, which the uranium broker and enrichment technology developer attributed to the low-enriched uranium segment and higher uranium prices, even though net income was down. For the full year, Centrus experienced a rise in revenue at $442 million compared to $320.2 million in the prior year, […]

Revenue rose at Centrus, Bethesda, Md., in the fourth quarter, which the uranium broker and enrichment technology developer attributed to the low-enriched uranium segment and higher uranium prices, even though net income was down. For the full year, Centrus experienced a rise in revenue at $442 million compared to $320.2 million in the prior year, […]

Centrus Energy signed a long-term agreement to supply Korea’s nuclear reactor fleet with low-enriched uranium from the American Centrifuge Plant in Piketon, Ohio, the company announced Wednesday. Amir Vexler, president and CEO of Centrus, met with Whang Jooho, president and CEO of Korea Hydro & Nuclear Power, to sign the contract, according to a LinkedIn […]

Centrus Energy signed a long-term agreement to supply Korea’s nuclear reactor fleet with low-enriched uranium from the American Centrifuge Plant in Piketon, Ohio, the company announced Wednesday. Amir Vexler, president and CEO of Centrus, met with Whang Jooho, president and CEO of Korea Hydro & Nuclear Power, to sign the contract, according to a LinkedIn […]

Revenue rose at Centrus, Bethesda, Md., in the fourth quarter, which the uranium broker and enrichment technology developer attributed to the low-enriched uranium segment and higher uranium prices, even though net income was down. For the full year, Centrus experienced a rise in revenue at $442 million compared to $320.2 million in the prior year, […]

Centrus Energy signed a long-term agreement to supply Korea’s nuclear reactor fleet with low-enriched uranium from the American Centrifuge Plant in Piketon, Ohio, the company announced Wednesday. Amir Vexler, president and CEO of Centrus, met with Whang Jooho, president and CEO of Korea Hydro & Nuclear Power, to sign the contract, according to a LinkedIn […]

President Donald Trump (R) on Monday ordered federal agencies to pause distribution of funds appropriated by his predecessor’s signature stimulus bills, including funds intended to jumpstart a domestic uranium refining industry. “All agencies shall immediately pause the disbursement of funds appropriated through the Inflation Reduction Act of 2022 (Public Law 117-169) or the Infrastructure Investment […]

President Donald Trump (R) on Monday ordered federal agencies to pause distribution of funds appropriated by his predecessor’s signature stimulus bills, including funds intended to jumpstart a domestic uranium refining industry. “All agencies shall immediately pause the disbursement of funds appropriated through the Inflation Reduction Act of 2022 (Public Law 117-169) or the Infrastructure Investment […]

President Donald Trump (R) on Monday ordered federal agencies to pause distribution of funds appropriated by his predecessor’s signature stimulus bills, including funds intended to jumpstart a domestic uranium refining industry. “All agencies shall immediately pause the disbursement of funds appropriated through the Inflation Reduction Act of 2022 (Public Law 117-169) or the Infrastructure Investment […]