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U.S. NRIC Selects 13 Nuclear Energy Launch Pad Projects

The U.S. Department of Energy (DOE)'s National Reactor Innovation Center (NRIC) announced on August 24 that 13 new projects have been selected for the Nuclear Energy Launch Pad program. NRIC is based at Idaho National Laboratory (INL). NRIC Director Brad Tomer stated that this round of selections reflects developers' growing commitment to advancing related technologies. The program will provide companies with a priority pathway to DOE authorization, as well as access to expert resources, facility conditions, and targeted regulatory support to adv...

2026-08-26

Expansion Project Advances at Centrus Energy's Uranium Enrichment Facility in Piketon, Ohio

Centrus Energy said on August 24 that Ohio Governor Mike DeWine, Lieutenant Governor Jim Tressel, JobsOhio CEO J.P. Nauseef, along with state, federal, and local stakeholders, visited the company's uranium enrichment facility in Piketon, Ohio, to discuss the development of the U.S. domestic nuclear fuel supply chain and Ohio's role in it. In September 2025, Centrus Energy announced a multi-billion-dollar expansion of the Piketon uranium enrichment plant. Currently, the expansion...

2026-08-25

US LIS Technologies Initiates Site Preparation for Oak Ridge Laser Uranium Enrichment Project

LIS Technologies Inc. (LIST) announced on August 20 that it has initiated preliminary site preparation work on the "LIST Island" parcel at the Heritage Center of the East Tennessee Technology Park in Oak Ridge, Tennessee. The 206-acre parcel is located within the former K-25 gaseous diffusion plant site. This phase of work includes environmental characterization, environmental assessment, and technical feasibility studies tailored to site conditions. These efforts will provide the preliminary basis for the company's planned commercial laser uranium enrichment headquarters and technology campus, LEU-3. Under current plans, the LEU-3 facility will host the company's FUEL project, namely the Future Uranium Enrichment by Laser project, and support its long-term operations and research...

2026-08-21

Urenco USA Breaks Ground on National Enrichment Facility Expansion, Plans to Add 2.1 Million SWU Capacity

On August 18, local time, Urenco USA held a groundbreaking ceremony in Eunice, New Mexico, United States, to launch the future expansion of its commercial uranium enrichment facility. U.S. Secretary of Energy Chris Wright, Urenco Group Chief Executive Officer Boris Schucht, and company management attended the ceremony. Urenco USA is the only commercial-scale uranium enrichment producer in the United States, operating the National Enrichment Facility (NEF). The company announced in June this year that it would increase the facility's capacity by nearly 50%. This expansion is part of a multi-billion-dollar investment, with plans to build a new...

2026-08-19

NANO Nuclear and QNI Sign Memorandum of Understanding to Advance Domestic HALEU Fuel Supply Cooperation in the U.S.

NANO Nuclear Energy Inc. (NANO Nuclear) and Quadrant Nuclear Industries, Inc. (QNI) announced on August 18 that the two companies have signed a memorandum of understanding (MOU) establishing a non-binding framework for future high-assay low-enriched uranium (HALEU) fuel supply cooperation. Under the MOU, the parties will engage in discussions regarding the supply of HALEU to be produced by QNI in the future and long-term offtake arrangements. The fuel in question is planned to come from QNI's proposed Vanguard facility at Idaho National Laboratory (INL). QNI stated that once the facility operates at full capacity, its annual HALEU production...

2026-08-19

South Korea's Nuclear Expansion Faces Fuel Supply Pressure as Enriched Uranium Costs Surge Nearly Sixfold in Seven Years

Against the backdrop of accelerating global nuclear power construction and surging electricity demand from AI data centers, the nuclear fuel supply chain is facing new tensions. Due to limited uranium enrichment capacity and sanctions affecting Russian-related supplies, international uranium enrichment prices have risen sharply over the past seven years. South Korea's nuclear expansion plans are consequently facing fuel procurement pressure, with industry experts concerned that if mid- to long-term nuclear fuel security proves insufficient, newly built nuclear units could face operational risks in the future. Korea Hydro & Nuclear Power (KHNP) recently disclosed that South Korea's domestic annual enriched uranium consumption is expected to increase from approximately 460 tons currently to about 540 tons next year. The rising demand mainly stems from the overlap between life-extension operations of some older nuclear units and the commissioning of new units...

2026-08-18

ASP Isotopes Plans Commercial Delivery of Multiple Stable Isotopes in Second Half of 2026

ASP Isotopes Inc. recently presented its expansion plans for isotope production, radiopharmaceuticals, and helium operations at Canaccord Genuity's 46th Annual Growth Conference. The company aims to begin commercial delivery of stable isotopes including silicon-28, carbon-14, and ytterbium-176 in the second half of 2026. Victor Petkov, the company's Chief Commercial Officer, stated that ASP Isotopes is leveraging its proprietary enrichment technology to serve electronics, nuclear medicine, and nuclear fuel-related markets. Currently, the company operates three production facilities in Pretoria, South Africa, primarily producing silicon-28 for semiconductor applications, as well as carbon-14 and ytterbium-176 for nuclear medicine-related uses. Regarding isotope supply...

2026-08-13

Cameco says it can ramp up core uranium asset production when demand recovers

Canadian uranium producer Cameco has said it is well positioned to respond to rising market demand, and will prioritize increasing output from its core assets if demand becomes clearer. Grant Isaac, Cameco's President and Chief Operating Officer, said on a company podcast discussing long-term strategy that Cameco remains committed to supply discipline, focusing on meeting customers' actual needs rather than setting overly ambitious growth expectations in the absence of confirmed demand. Isaac said the company is prepared to increase production from Tier 1 assets such as the McArthur River uranium mine and the Key Lake mill when market demand rises, lifting output from the current approximately 10 million to 11.5 million pounds of U3O8 to 25 million pounds.

2026-08-13

TRISO-X and Oak Ridge National Laboratory Extend Advanced Nuclear Fuel R&D Collaboration

TRISO-X announced on August 11 that it has extended its Collaborative Research and Development Agreement with the U.S. Department of Energy's Oak Ridge National Laboratory (ORNL). The newly signed agreement has a term of 30 months and will continue to advance commercial-scale development of TRISO fuel, manufacturing process optimization, and technology transfer, building on the collaboration established since 2016. TRISO-X is a wholly-owned subsidiary of X-energy, primarily engaged in advanced nuclear fuel manufacturing. Under the agreement, TRISO-X will continue to operate its existing pilot-scale facilities at Oak Ridge National Laboratory, with a focus on transitioning TRISO fuel from laboratory R&D to commercial-scale manufacturing. The collaboration includes optimizing fuel...

2026-08-12

Urenco in Almelo, Netherlands accelerates expansion, ninth centrifuge hall enters planning

Urenco in Almelo, the Netherlands, is continuing its large-scale expansion. Before a new large facility has even been completed, the company has already begun advancing its next expansion project, with a ninth production hall housing thousands of centrifuges now in the preparatory stage. This signals a clear acceleration in the pace of the company's uranium enrichment capacity expansion. Urenco's core business is supplying fuel for nuclear power plants, namely enriching uranium through centrifuges. In recent years, tight global energy supply, fluctuating natural gas prices, and heightened energy security concerns have brought nuclear energy back into focus for many countries. As demand for nuclear power rises, the importance of the nuclear fuel supply chain has also grown, and Urenco...

2026-08-12

South Korea Establishes New Specialized Agency to Advance Nuclear-Powered Submarine Construction Project

South Korea's Ministry of National Defense stated on the 11th that President Lee Jae-myung presided over a State Council meeting that day, deliberating and approving amendments to the "Enforcement Decree on the Organization of the Ministry of National Defense and Its Affiliated Agencies" and the "Enforcement Decree on the Organization of the Defense Acquisition Program Administration and Its Affiliated Agencies." Under the amendments, South Korea will establish a new specialized agency to advance the nuclear-powered submarine construction project. According to the relevant arrangements, a Nuclear-Powered Submarine Policy Planning Group will be established under the Ministry of National Defense, responsible for coordinating the formulation of policies and systems required for nuclear-powered submarine construction and facilitating cooperation among relevant agencies. On the side of the Defense Acquisition Program Administration, the existing Korean Submarine Project Group is planned to be reorganized and expanded into a Nuclear-Powered Submarine Project Group, with the concurrent establishment of a Nuclear-Powered Submarine Project Team and a Nuclear Power System Project Team...

2026-08-12

Fluor's Q2 New Orders Surge to $6.1 Billion, Nuclear Fuel Enrichment Projects Boost Backlog to $26.9 Billion

U.S. engineering and construction giant Fluor demonstrated a clear acceleration in order intake in the second quarter of 2026, with new project awards reaching $6.1 billion, significantly higher than the $1.8 billion recorded in the same period last year. Among these, nuclear fuel enrichment projects emerged as a key highlight, driving the company's ending backlog to $26.9 billion. The rapid expansion in order volume indicates that customer demand for its engineering, procurement, and construction capabilities is recovering, and also reflects the tangible results of converting earlier front-end design and project development work. In terms of contract structure, 89% of Fluor's new orders this quarter were reimbursable contracts, while reimbursable contracts also accounted for 85% of total backlog, up from 80% in the same period last year....

2026-08-09

TRISO-X Expands Oak Ridge Nuclear Fuel Campus with Approximately 70 Additional Acres

TRISO-X, LLC, a wholly owned subsidiary of X-Energy, Inc., announced on August 4 that it has acquired approximately 70 acres of land near its commercial nuclear fuel campus in Oak Ridge, Tennessee, to support the continued construction and long-term expansion of its fuel manufacturing facility. Following the acquisition, TRISO-X's total campus footprint in the area has expanded to approximately 180 acres. The land acquisition was announced at a meeting of the Oak Ridge Industrial Development Board. The newly acquired land comprises two separate parcels and will provide additional space for utility access, equipment staging, fuel storage, and future...

2026-08-05

ASP Isotopes PET Lab Revenue Grows Over 50% in First Half of Year, Isotope Enrichment Facilities Advance Toward Commercial Production

ASP Isotopes Inc. recently released a letter to shareholders outlining operational progress across its business segments ahead of the company's second-quarter 2026 financial results announcement. The company stated that its PET lab segment achieved organic revenue growth of more than 50% in the first half of 2026 compared to the same period in 2025. Based on current expectations, the segment's full-year 2026 revenue is projected to be approximately $14 million, up from $6 million in 2025. PET-related operations are typically closely associated with radiopharmaceutical preparation, molecular imaging, and nuclear medicine diagnostic applications. On the isotope front, ASP Isotopes stated that its silicon-28 and ytterbium-176 enrichment facilities have entered the final stage before commercial production, with first deliveries expected in the second half of 2026...

2026-08-05

U.S. Department of Energy Highlights Progress in Legacy Waste Cleanup and Medical Isotope R&D

Recently, senior officials from the U.S. Department of Energy attended an event hosted by the U.S. House Nuclear Cleanup Caucus, presenting the application progress of legacy nuclear waste cleanup efforts in medical isotope R&D and future energy technologies. The event, themed "DOE's Isotope Mission: Legacy Cleanup Saves Lives, Empowers America's Future," focused on how nuclear cleanup missions align with isotope production and medical research. DOE's Under Secretary for Science Dario Gil, along with Oak Ridge National Laboratory Environmental Management Office Manager Eric Olds and Savannah River Operations Office Manager Edwin DeShon, jointly attended the event. DeShon...

2026-08-03