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18.06.26 - 17:39
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Centrus Jumps On Deal To Supply Oklo With Domestically-Produced Uranium (ZeroHedge)
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Centrus Jumps On Deal To Supply Oklo With Domestically-Produced Uranium
Centrus Energy continues to solidify its role as a cornerstone of America's emerging advanced nuclear sector, today announcing a letter of intent with Oklo to provide domestically produced high-assay low-enriched uranium (HALEU) for the company's next generation of nuclear reactors, according to a release from the company's website.
Shares the domestic enricher jumped more than 6% this morning.
Under the proposed multi-year agreement, Centrus will begin supplying HALEU in 2029 to support up to five Oklo Aurora powerhouses, including reactors planned for Oklo's 1.2-gigawatt clean energy campus in Ohio. The fuel is expected to be produced at Centrus' enrichment facility in Pike County, Ohio, highlighting the growing importance of domestic nuclear fuel infrastructure.
The agreement represents a meaningful milestone for the broader advanced reactor industry. One of the largest challenges facing nuclear developers has...
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18.06.26 - 00:24
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PNG Miner Loses Bid to Revive Panguna Copper Project (Bloomberg)
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Australia-listed Bougainville Copper Ltd. has been stripped of a license to redevelop a giant copper mine, known as Panguna, that has been closed for nearly 40 years and was once a flash point in a brutal civil war in Papua New Guinea....
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