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Stock impact report

Oklo And Centrus Signal Progress On America's Nuclear Fuel-Chain Bottleneck [zero hedge]

Centrus Energy Corp. Class A (LEU) 
NASDAQ:AMEX Investor Relations: investors.centrusenergy.com/investor-relations
Company Research Source: zero hedge
Oklo And Centrus Signal Progress On America's Nuclear Fuel-Chain Bottleneck Oklo and Centrus Energy announced they have agreed to pursue a joint venture focused on deconversion services for high-assay low-enriched uranium (HALEU) and the advancement of related fuel-cycle technologies and supply chains. The JV would operate at Centrus’ Piketon site in Ohio, co-located with the existing enrichment facility and adjacent to Oklo’s planned 1.2 GW power campus . Centrus also recently started expansion efforts at their site and was awarded $900 million to support their HALEU project. The language being used by company leadership to describe the goals of the JV points to their intentions of pursuing the establishment of a Nuclear Lifecycle Innovation Campus (NLIC) in Ohio . CEO and co-founder of Oklo Jacob DeWitte stated: “This framework supports deeper discussions with Centrus on potential pathways to expand deconversion capacity, strengthen domestic supply chains, and advance a more efficie Show less Read more
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