Uranium Enrichment & Fuel Cycle

The Daniel Poneman era ended Monday at Centrus Energy Corp., when the longtime chief executive, a former Department of Energy No. 2 who took over the company after its bankruptcy restructuring, turned the reins over to ex-Orano USA president Amir Vexler. Centrus announced the transition in November. Poneman joined Centrus in March 2015 and over […]

Current and former Department of Energy contractors must reply by Feb. 5 to the latest lawsuit accusing them of not properly controlling off-site contamination from work at the Portsmouth Site in Piketon, Ohio. Plaintiff Joshua Shaw filed suit in federal district court in southern Ohio Nov. 27 accusing the Portsmouth Site contractors of violating the […]

With the award of a follow-on contract taking longer than expected, the Department of Energy will extend major cleanup contracts at shuttered gaseous diffusion plants in Ohio and Kentucky for up to six months, the agency said after Christmas DOE’s Office of Environmental Management intends to extend Fluor-BWXT Portsmouth’s Decontamination and Decommissioning contract at the […]

Neil Subin left Centrus Energy Corp.’s board of directors on New Year’s Eve, capping a roughly six-year stint on the board.  Centrus, Bethesda, Md., announced Subin’s departure in a press release ahead of the winter holidays. Subin, a wealth manager, remains a Centrus investor, the company said in the press release. He had been on […]

Entities hoping to convert energy-dense uranium into a form suitable for powering advanced reactors have two more weeks to prepare the bids for the Department of Energy, the agency said last week. Bids for the High-Assay Low-Enriched Uranium (HALEU) Deconversion Acquisition are now due Feb. 13 instead of Jan. 30, the agency wrote in a procurement […]

Entities hoping to convert energy-dense uranium into a form suitable for powering advanced reactors have two more weeks to prepare the bids for the Department of Energy, the agency said last week.  Bids for the High-Assay Low-Enriched Uranium (HALEU) Deconversion Acquisition are now due Feb. 13 instead of Jan. 30, the agency wrote in a […]

The Department of Energy on Tuesday solicited bids for a potentially decade-long contract to convert high assay low-enriched uranium into forms suitable for powering new nuclear reactors. The High-Assay Low-Enriched Uranium (HALEU) Deconversion Acquisition will be an indefinite quantity, indefinite delivery contract with a one-year ordering period, according to the solicitation posted online. Work will […]

The Department of Energy on Tuesday solicited bids for a potentially decade-long contract to convert high assay low-enriched uranium into forms suitable for powering new nuclear reactors. The High-Assay Low-Enriched Uranium (HALEU) Deconversion Acquisition will be an indefinite quantity, indefinite delivery contract with a one-year ordering period, according to the solicitation posted online.  Work will […]

Centrus Energy on Monday announced Chief Executive Daniel Poneman will step down from leadership of the uranium broker and enrichment technology developer at the first of the year. He will be succeeded by Orano USA President and Chief Executive Amir Vexler on January 1. Poneman joined Centrus in March 2015 and over eight years returned […]

Centrus Energy on Monday announced that Chief Executive Daniel Poneman will step down from leadership of the uranium broker and enrichment technology developer at the first of the year.  He will be succeeded by Orano USA President and Chief Executive Amir Vexler on January 1.   Poneman joined Centrus in March 2015 and over eight […]

Jean-Luc Palayer will be Orano USA’s chief executive officer effective immediately, the U.S. arm of the French nuclear-fuel-cycle and services company announced Monday. Palayer, most recently Orano USA’s vice president of business operations, took over the top spot after Amir Vexler left the company to become chief executive officer of Centrus Energy Corp., Bethesda, Md. […]

Jean-Luc Palayer will be Orano USA’s chief executive officer effective immediately, the U.S. arm of the French nuclear-fuel-cycle and services company announced Monday. Palayer, most recently Orano USA’s vice president of business operations, took over the top spot after Amir Vexler left the company to become chief executive officer of Centrus Energy Corp., Bethesda, Md. […]

Centrus Energy on Monday announced that Chief Executive Daniel Poneman will step down from leadership of the uranium broker and enrichment technology developer at the first of the year.  He will be succeeded by Orano USA President and Chief Executive Amir Vexler on January 1.   Poneman joined Centrus in March 2015 and over eight […]

Earnings were up year-over-year for Centrus Energy in the third quarter of 2023, when the uranium broker and enrichment technology developer was working on its first batch of high-assay low-enriched uranium for the U.S. government.  The Bethesda, Md., company reported total revenue of $51.3 million and $33.2 million for the three months ended September 30, […]

Centrus Energy Corp. said it made its first delivery of high-assay low-enriched uranium to the U.S. Department of Energy, fulfilling its initial obligation under a contract to make the material for a new generation of  nuclear reactors.  The company made it under the wire of the first phase of its current contract, which covered a […]

Earnings were up year-over-year for Centrus Energy in the third quarter of 2023, when the uranium broker and enrichment technology developer was working on its first batch of high-assay low-enriched uranium for the U.S. government.  The Bethesda, Md., company reported total revenue of $51.3 million and $33.2 million for the three months ended September 30, […]

Centrus Energy said it made its first delivery of high-assay low-enriched uranium to the U.S. Department of Energy, fulfilling its initial obligation under a contract to make the material for a new generation of  nuclear reactors.  The company made it under the wire of the first phase of its current contract, which covered a two-year […]

The last hydrogen fluoride cylinder was recently removed from the Y‑12 National Security Complex in Oak Ridge, Tenn., clearing the way for a new uranium-purification technology for nuclear weapons that could switch on in 2024. Hydrogen fluoride was used in an antiquated wet-chemistry conversion and purification process for making enriched uranium metal at the plant’s […]

Centrus Energy Corp. started enriching energy dense uranium fuel using a new centrifuge cascade at the Department of Energy’s Portsmouth Site near Piketon, Ohio, the company said Wednesday. Centrus, Bethesda, Md., marked the milestone with a tour of the event that included Deputy Secretary of Energy David Turk. The company thinks it will begin retrieving […]

Centrus Energy Corp. started enriching energy dense uranium fuel using a new centrifuge cascade at the Department of Energy’s Portsmouth Site near Piketon, Ohio, the company said Wednesday. Centrus, Bethesda, Md., marked the milestone with a tour of the event that included Deputy Secretary of Energy David Turk. The company thinks it will begin retrieving […]

The last hydrogen fluoride cylinder was recently removed from the Y‑12 National Security Complex in Oak Ridge, Tenn., clearing the way for a new uranium-purification technology for nuclear weapons that could switch on in 2024. Hydrogen fluoride was used in an antiquated wet-chemistry conversion and purification process for making enriched uranium metal at the plant’s […]

The National Nuclear Security Administration’s Office of Enterprise Assessments is investigating an incident at the Y-12 National Security Complex in which a machine used to shape uranium was dismantled without proper criticality controls in place. In a letter dated Aug. 3, Anthony Pierpoint, director of the NNSA’s office of enforcement, notified Consolidated Nuclear Security’s (CNS) […]

The National Nuclear Security Administration’s Office of Enterprise Assessments is investigating an incident at the Y-12 National Security Complex in which a machine used to shape uranium was dismantled without proper criticality controls in place. In a letter dated Aug. 3, Anthony Pierpoint, director of the NNSA’s office of enforcement, notified Consolidated Nuclear Security’s (CNS) […]

No major safety or operational issues were found during a recent Nuclear Regulatory Commission inspection of the American Centrifuge Plant in Piketon, Ohio, clearing the way for the facility to produce high-assay, low-enriched uranium fuel. Nuclear Regulatory Commission (NRC) officials completed an inspection of the American Centrifuge Plant on Aug. 16. In a Sept. 7 […]

No major safety or operational issues were found during a recent Nuclear Regulatory Commission inspection of the American Centrifuge Plant in Piketon, Ohio, clearing the way for the facility to produce high-assay, low-enriched uranium fuel. Nuclear Regulatory Commission (NRC) officials completed an inspection of the American Centrifuge Plant on Aug. 16. In a Sept. 7 […]

In what would be a major milestone for a technology eyed as a possible cornerstone for nuclear-weapon sustainment in the latter half of this century, Centrus Energy Corp., Bethesda, Md., said this week it will begin enriching energy-dense uranium fuel in October. Centrus is in the prove-it phase of a Department of Energy contract, awarded […]

Dominion Energy South Carolina applied with the Nuclear Regulatory Commission to extend the life of the Virgil C. Summer Nuclear Station’s Unit 1 nuclear reactor for another 20 years, to Aug. 6, 2062.  The commission posted the plant operator’s application online on Tuesday. The application is dated Aug. 17. Located in Jenkinsville, S.C., Unit 1 […]

Centrus Energy Corp., Bethesda, Md., said Wednesday it will begin enriching energy-dense uranium fuel at the Department of Energy’s Portsmouth Site near Piketon, Ohio, in October. Centrus is in the prove-it phase of a contract, awarded in 2022 and worth up to $1 billion over 10 years, to operate a cascade of 16 AC100M centrifuges the […]

Centrus Energy Corp., Bethesda, Md., said Wednesday it will begin enriching energy-dense uranium fuel at the Department of Energy’s Portsmouth Site near Piketon, Ohio, in October. Centrus is in the prove-it phase of a contract, awarded in 2022 and worth up to $1 billion over 10 years, to operate a cascade of 16 AC100M centrifuges […]

Nuclear reactor maker BWX Technologies, Lynchburg, Va., this week pulled in a potentially $100-plus million contract to process unusable, government-owned material into uranium reactor fuel.  The new contract with the National Nuclear Security Administration, with $47 million of guaranteed money and worth $116.5 million with options, will allow the company, which builds nuclear propulsion systems […]