Nuclear Fuel: New Enrichment Capacity by End of Decade?

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Urenco's newly-announced plans for a new high-assay low-enriched uranium (Haleu) plant demonstrates the extent to which interest in expanded non-Russian enrichment is gathering strength. As the global nuclear fuel market slowly divides, key Western uranium enrichers Urenco and Orano have both been mulling the installation of new centrifuge cascades by 2028. While the two companies have taken steps to enable capacity growth, however, neither is committing to an expansion until they have locked in sufficient customer offtake contracts.

Nuclear, Nuclear Fuel
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