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-0.000115021854152184 0.00483091787439616 0.0066712675408329 0.00460087416609162 0.0124223602484473 0.0124223602484473 0.0124223602484473 0.0124223602484473
Stock impact report

Britain Announces Facility to Produce HALEU Fuel for Nuclear Reactors [Yahoo! Finance]

Centrus Energy Corp. Class A (LEU) 
NASDAQ:AMEX Investor Relations: investors.centrusenergy.com/investor-relations
Company Research Source: Yahoo! Finance
facility for high-assay, low-enriched uranium (HALEU). Officials have said the fuel will be needed to supply the coming generation of nuclear power, including advanced nuclear reactors. Britain has said it wants to increase its nuclear power generation capacity to 24 GW by mid-century. Officials have said that would support about 25% of the country's projected electricity demand. Nuclear power today supplies about 14% of the UK's energy mix. HALEU is defined as uranium enriched to greater than 5% and less than 20% of the U-235 isotope. Facility Sited in Cheshire The May 8 announcement said the British government is awarding uranium enrichment firm Urenco £196 million ($245 million) to build the facility in Cheshire in the northwest of England. Officials said the plant would need about 400 workers and would be ready for commercial fuel production by 2031. The HALEU could be used at UK nuclear plants and also could be exported, according to the Dept. for Energy Security and Net Zero Show less Read more
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