The Department of Energy announced yesterday the six companies that it has selected to supply low-enriched uranium (LEU) from new domestic enrichment sources under future contracts for up to 10 years. The contract recipients are: Centrus Energy’s American Centrifuge Operating, General Matter, Global Laser Enrichment (GLE), Laser Isotope Separation Technologies (LIS Technologies), Orano Federal Services, and Urenco USA’s Louisiana Energy Services.

On March 26, Silex Systems Ltd. announced that Global Laser Enrichment’s test loop pilot demonstration facility and operational safety programs have been reviewed by the Nuclear Regulatory Commission and approved for loading uranium hexafluoride feed material in preparation for the next phase of GLE’s enrichment technology demonstration in the second quarter of 2024.

Whether commercial demand for high-assay low-enriched uranium (HALEU) fuel ultimately falls at the high or low end of divergent forecasts, one thing is certain: the United States is not ready to meet demand, because it currently has no domestic HALEU enrichment capacity. But conversations happening now could help build the commercial HALEU enrichment infrastructure needed to support advanced reactor deployments. At the 2022 American Nuclear Society Winter Meeting, representatives from three potential HALEU enrichers, the government, and industry met to discuss their timelines and challenges during “Got Fuel? Progress Toward Establishing a Domestic US HALEU Supply,” a November 15 executive session cosponsored by the Nuclear Nonproliferation Policy Division and the Fuel Cycle and Waste Management Division.

For years, pressure has been building for a commercial path to a stable supply of high-assay low-enriched uranium (HALEU)—deemed essential for the deployment of advanced power reactors—but advanced reactor developers and enrichment companies are still watching and waiting. In contrast, the uranium spot price soared after Sprott Physical Uranium Trust, a Canadian investment fund formed in July, began buying up U3O8 supplies, causing the price to increase over 60 percent, topping $50 per pound for the first time since 2012. Fueled by growing acknowledgment that nuclear power is a necessary part of a clean energy future, uranium is the focus of attention from Wall Street to Capitol Hill.

The Department of Energy has signed an amendment to a 2016 sales agreement with Global Laser Enrichment (GLE) that will provide the company with access to large stockpiles of DOE-owned depleted uranium hexafluoride (DUF6) tails as GLE looks to build its proposed uranium enrichment facility at the DOE’s Paducah site in Kentucky. As announced on June 5, the amendment is one of the conditions of a 2019 agreement by Australia’s Silex Systems Limited, Canada’s Cameco Corporation, and GE Hitachi Nuclear Energy for the restructuring of GLE, the exclusive licensee of Silex’s laser uranium enrichment technology.

Separately, the DOE announced on June 5 that it has issued a formal record of decision for the shipment and disposal of depleted uranium oxide from the former gaseous diffusion plants at the department’s Paducah and Portsmouth sites in Ohio to one or more disposal facilities in the western United States.

Several companies involved in the front end of the nuclear fuel cycle have recently resumed production after announcing temporary shutdowns or staffing reductions during the initial response to the COVID-19 pandemic.