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Stock impact report

U.S. nuclear regulator approves fuel for next-generation reactors [Financial Post (Toronto, Ontario, Canada)]

Avis Budget Group, Inc. (CAR) 
Last avis budget group, inc. earnings: 2/19 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.avisbudgetgroup.com
Company Research Source: Financial Post
Article content The fuel is known as high-assay, low-enriched uranium, or HALEU. Nonproliferation experts are concerned about the fuel as it is easier to convert into fissile material, the key component of nuclear weapons, than conventional reactor fuel. Dyson just launched a vacuum with a laser — we tried it and we're gobsmacked Centrus Energy Corp said the Nuclear Regulatory Commission, or NRC, approved the company's request to produce HALEU at a Piketon, Ohio, plant and expects to be demonstrating production of the fuel early in 2022. “This approval is a major milestone in our contract with the Department of Energy,” said Daniel Poneman, Centrus president and chief executive. Under a 2019 contract with the Energy Department, Centrus is constructing AC100M centrifuges to demonstrate HALEU production. The $115 million, cost-shared contract runs through mid-2022. Centrus said HALEU offers advantages for both existing and next-generation reactors, including “greater power Show less Read more
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