TerraPower and ASP Isotopes agree on loan and HALEU supply terms

May 22, 2025, 6:58AMNuclear News

ASP Isotopes Inc. announced on May 19 that it now has conditional commitments from TerraPower for a loan that could partially finance a new uranium enrichment facility in South Africa. The companies have also reached a supply agreement for high-assay low-enriched uranium from the proposed facility that, according to ASP, “supports the supply of HALEU for the first fuel core for TerraPower’s Natrium Plant in Wyoming and contemplates the supply of HALEU over a 10-year period.”

To continue reading, log in or create a free account!

Related Articles

From theory to reality

June 24, 2026, 7:01AMNuclear NewsCraig Piercy

Recently, I spent an afternoon at Kairos Power’s Hermes construction site in Oak Ridge, Tenn. What I saw there was not a rendering, not a licensing presentation, not another panel about the...