Signs $900M DOE HALEU enrichment contract; Total value $1.07B with options
Fixed-price HALEU Enrichment contract calls for deployment of commercial-scale HALEU production capacity in Piketon, Ohio; includes DOE options for up to $170M in HALEU purchases. - Completed final 900 kg of HALEU UF6 under existing demonstration contract in mid-June, two weeks ahead of schedule, with more than 1,900 kg produced over the life of the contract. - Signed a three-month, $15M extension for HALEU storage; first new capacity from large-scale expansion expected online by 2029.
Fixed-price HALEU Enrichment contract calls for deployment of commercial-scale HALEU production capacity in Piketon, Ohio; includes DOE options for up to $170M in HALEU purchases. - Completed final 900 kg of HALEU UF6 under existing demonstration contract in mid-June, two weeks ahead of schedule, with more than 1,900 kg produced over the life of the contract. - Signed a three-month, $15M extension for HALEU storage; first new capacity from large-scale expansion expected online by 2029.