US nuclear fuel supplier Centrus Energy is to invest an additional $60m (€57m) over the next 18 months in its manufacturing facility in Oak Ridge, Tennessee, to lay the groundwork to support a potential large-scale expansion of uranium enrichment at a separate facility, its American Centrifuge Plant in Piketon, Ohio.
The announcement follows Centrus’ recent success in securing over $2bn in purchase commitments from customers to support future production of low-enriched uranium (LEU) and two awards from the US Department of Energy aimed at enrichment and deconversion of high-assay, low-enriched uranium (Haleu), which will be needed to fuel many next-generation advanced reactors.
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