A Texas-based startup has launched an effort to build what would be the first US uranium conversion facility in 70 years with first production planned for 2030-2031.
FluxPoint Energy said the facility would restore a domestic capability that has become “an unacceptable chokepoint” in the nation’s nuclear fuel supply chain.
The company announced plans this week to convert uranium oxide into uranium hexafluoride (UF6) at a Texas facility.
The nuclear fuel cycle typically includes four steps from mine to reactor: uranium is mined, converted, enriched, and fabricated into fuel.
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