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NEWS - Orano has been selected by @ENERGY for a $900 million award for the domestic production of low-enriched uranium (LEU).
This decision is a key milestone to accelerate Orano’s development of its $5 billion #ProjectIkeEnrichment facility project in Oak Ridge, #Tennessee, to deliver new, diversified, and competitively priced U.S.-based production of enriched uranium for powering American nuclear energy reactors.
By leveraging internationally proven centrifuge technology and decades of operational expertise, Orano’s development of a new American uranium enrichment facility is designed to quickly produce and scale supply with modular extensions to meet current and future U.S. market needs.
“We are honored by DOE’s decision to identify Project IKE as a key driver for U.S. energy security,” said Jean-Luc Palayer, CEO of Orano USA. “Orano’s Project IKE facility is designed to generate a secure and significant American-based supply of enriched #uranium. For Orano, there is no mystery to making enriched uranium—and a lot of it—when you have reliable centrifuges, existing transport containers, and enrichment processes refined over decades of successful commercial operations.”
Read more ... orano.group/usa/en/our-new…

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