Uranium Enrichment & Fuel Cycle

Earnings fell at Centrus Energy, Bethesda, Md., in the fourth quarter, which the uranium broker attributed to the decreased revenue from its uranium sector. Net earnings for the fourth quarter ended Dec. 31 were $17.8 million, or $0.79 a share, down from $53.7 million, or $3.20 a share, in the year-ago quarter. Quarterly revenue was […]

BWX Technologies said it has made “significant progress” in the production of tri-structural isotropic (TRISO) for Antares Nuclear and is on track to have it completed by the July 4 deadline. Antares is one of 10 companies that were selected for DOE’s advanced reactor pilot program. The program seeks to have at least three reactors […]

Centrus Energy has agreed to a strategic partnership with Fluor, which will serve as  engineering, procurement and construction contractor for the planned expansion of an Ohio uranium enrichment plant. The Bethesda, Md.-based Centrus will collaborate with Fluor through subsidiary American Centrifuge Operating, according to its Wednesday press release. The subsidiary operates the American Centrifuge Plant […]

Work crews at the Department of Energy’s Paducah Site in Kentucky have removed and cut up nearly 500 large components, known as converters, from the C-333 Process Building, DOE’s Office of Environmental Management said this week. Work crews recently completed the “segmentation” of all 497 converters from the C-333 facility, DOE’s nuclear cleanup office said […]

Work crews at the Department of Energy’s Paducah Site in Kentucky have removed and cut up nearly 500 large components, known as converters, from the C-333 Process Building, DOE’s Office of Environmental Management said this week. Work crews recently completed the “segmentation” of all 497 converters from the C-333 facility, DOE’s nuclear cleanup office said […]

Earnings fell at Centrus Energy, Bethesda, Md., in the fourth quarter, which the uranium broker attributed to the decreased revenue from its uranium sector.  Net earnings for the fourth quarter ended Dec. 31 were $17.8 million, or $0.79 a share, down from $53.7 million, or $3.20 a share, in the year-ago quarter. Quarterly revenue was […]

Centrus Energy has agreed to a strategic partnership with Fluor, which will serve as  engineering, procurement and construction contractor for the planned expansion of an Ohio uranium enrichment plant. The Bethesda, Md.-based Centrus will collaborate with Fluor through subsidiary American Centrifuge Operating, according to its Wednesday press release. The subsidiary operates the American Centrifuge Plant […]

Work crews are cutting trees and clearing land to prepare for construction of two modern uranium enrichment projects at the Department of Energy’s Paducah Site in Kentucky, DOE said last week. About 100 acres of land are being cleared at Paducah to make way or an enrichment plant planned by California-based nuclear technology startup, General […]

The Department of Energy issued a request for information (RFI) Wednesday seeking states interested in hosting Nuclear Lifecycle Innovation Campuses. The proposed campuses must support capabilities of the full nuclear fuel cycle, such as fuel fabrication, enrichment, reprocessing spent nuclear fuel and disposal of waste, according to DOE’s press release. The approach could be more […]

BWX Technologies said it has made “significant progress” in the production of tri-structural isotropic (TRISO) for Antares Nuclear and is on track to have it completed by the July 4 deadline. Antares is one of 10 companies that were selected for DOE’s advanced reactor pilot program. The program seeks to have at least three reactors […]

The Department of Energy has awarded over $19 million to five nuclear companies to research and develop fuel recycling technology for spent nuclear fuel. According to DOE’s Feb. 5 press release, the five selected companies were: Chicago-based Alpha Nur will research and validate a process that recovers highly enriched uranium from used fuel by domestic […]

The Department of Energy said Wednesday it will resume uranium recovery operations at the Savannah River Site in South Carolina, utilizing the H-Canyon facility. The uranium recovery work will help recover key isotopes that are currently hard to obtain in the United States and support scientific research as well as medical applications and commercial uses, […]

The head of the Department of Energy’s Environmental Management field  office in Tennessee, Eric Olds, is also temporarily overseeing DOE’s Portsmouth/Paducah Project Office. While Olds remains the manager of the Oak Ridge Office of Environmental Management, he now is also serving as the interim acting manager for the Portsmouth/Paducah Project Office (PPPO), a department spokesperson […]

The Department of Energy said Wednesday it will resume uranium recovery operations at the Savannah River Site in South Carolina, utilizing the H-Canyon facility. The uranium recovery work will help recover key isotopes that are currently hard to obtain in the United States and support scientific research as well as medical applications and commercial uses, […]

The Department of Energy’s Office of Nuclear Energy this week tapped longtime nuclear complex supervisor Josh Jarrell to become deputy assistant secretary for nuclear fuel cycle. Separately two industry sources have told Exchange Monitor in the past week that Office of Nuclear Energy executive, Paul Murray, is moving over to DOE’s Office of Environmental Management.  […]

The Department of Energy’s Office of Nuclear Energy this week tapped longtime nuclear complex hand Josh Jarrell to become deputy assistant secretary for nuclear fuel cycle. Separately two industry sources have told Exchange Monitor in the past week that Office of Nuclear Energy executive, Paul Murray, is moving over to DOE’s Office of Environmental Management.  […]

The Department of Energy said Wednesday it will resume uranium recovery operations at the Savannah River Site in South Carolina, utilizing the H-Canyon facility. The uranium recovery work will help recover key isotopes that are currently hard to obtain in the United States and support scientific research as well as medical applications and commercial uses, […]

With the recent retirement of Reinhard Knerr, April Ladd has become the acting deputy manager of the Department of Energy’s Portsmouth/Paducah Project Office. That is according to a website for the office that oversees the DOE’s Portsmouth Site in Ohio as well as the Paducah Site in Kentucky. Ladd is a certified project director with […]

The Department of Energy issued a request for information (RFI) Wednesday seeking states interested in hosting Nuclear Lifecycle Innovation Campuses. The proposed campuses must support capabilities of the full nuclear fuel cycle, such as fuel fabrication, enrichment, reprocessing spent nuclear fuel and disposal of waste, according to DOE’s press release. The approach could be more […]

ARLINGTON, VA – Centrus Energy has signed contracts worth $2.3 billion to provide low-enriched uranium to electric utilities and virtually all of it involves traditional LEU rather than the high-assay-low-enriched uranium (HALEU) Centrus CEO Amir Vexler said here Tuesday. “The existing market is LEU,” Vexler told Exchange Monitor’s Nuclear Deterrence Summit, “There is no existing […]

Centrus Energy plans to expand its manufacturing plant in Oak Ridge, Tenn. at an investment of more than $560 million, according to the company’s Jan. 23 press release. The Bethesda, Md.-based uranium broker said the expansion of the Oak Ridge manufacturing plant supports its plans to expand the uranium enrichment plant at the Department of […]

ARLINGTON, VA – Competing for workers with other nuclear projects around the Department of Energy’s Oak Ridge Site in Tennessee is a concern, Centrus Energy CEO Amir Vexler said here this week. Recently, Centrus announced plans to expand its Oak Ridge manufacturing facility to assist in its plans to expand its uranium enrichment in Piketon, […]

ARLINGTON, VA – Centrus Energy has signed contracts worth $2.3 billion to provide low-enriched uranium to electric utilities and virtually all of it involves traditional LEU rather than the high-assay-low-enriched uranium (HALEU) Centrus CEO Amir Vexler said here Tuesday. “The existing market is LEU,” Vexler told Exchange Monitor’s Nuclear Deterrence Summit, “There is no existing […]

BWX Technologies said Monday it has opened its Centrifuge Manufacturing Development in Oak Ridge, Tenn., supporting national defense-focused uranium enrichment for the Department of Energy’s National Nuclear Security Administration (NNSA).  BWXT, based in Lynchburg, Va., was awarded a $1.5 billion-value contract from NNSA in September to assist NNSA in creating a reliable supply of enriched […]

Centrus Energy plans to expand its manufacturing plant in Oak Ridge, Tenn. at an investment of more than $560 million, according to the company’s Jan. 23 press release. The Bethesda, Md.-based uranium broker said the expansion of the Oak Ridge manufacturing plant supports its plans to expand the uranium enrichment plant at the Department of […]

ARLINGTON, VA – Centrus Energy has signed contracts worth $2.3 billion to provide low-enriched uranium to electric utilities and virtually all of it involves traditional LEU rather than the high-assay-low-enriched uranium (HALEU) Centrus CEO Amir Vexler said here Tuesday. “The existing market is LEU,” Vexler told Exchange Monitor’s Nuclear Deterrence Summit, “There is no existing […]

The Department of Energy issued a request for information (RFI) Wednesday seeking states interested in hosting Nuclear Lifecycle Innovation Campuses. The proposed campuses must support capabilities of the full nuclear fuel cycle, such as fuel fabrication, enrichment, reprocessing spent nuclear fuel and disposal of waste, according to DOE’s press release. The approach could be more […]

ARLINGTON, VA – Centrus Energy has signed contracts worth $2.3 billion to provide low-enriched uranium to electric utilities and virtually all of it involves traditional LEU  Amir Vexler said here Tuesday. “The existing market is LEU,” Vexler told Exchange Monitor’s Nuclear Deterrence Summit, “There is no existing market for HALEU.” While HALEU is considered the […]

BWX Technologies said Monday it has opened its Centrifuge Manufacturing Development in Oak Ridge, Tenn., supporting national defense-focused uranium enrichment for the Department of Energy’s National Nuclear Security Administration (NNSA).  BWXT, based in Lynchburg, Va., was awarded a $1.5 billion-value contract from NNSA in September to assist NNSA in creating a reliable supply of enriched […]

Centrus Energy plans to expand its manufacturing plant in Oak Ridge, Tenn. at an investment of more than $560 million, according to the company’s Jan. 23 press release. The Bethesda, Md.-based uranium broker said the expansion of the Oak Ridge manufacturing plant supports its plans to expand the uranium enrichment plant at the Department of […]