The Nuclear Regulatory Commission said it intends to complete its review of Orano Enrichment’s license application to build and operate a new uranium enrichment facility near Oak Ridge, Tenn., in 12 months. Orano submitted its application for the multibillion-dollar facility, named Project Ike, in March.

Orano USA announced on April 22 that it has signed a memorandum of understanding with North America’s Building Trades Unions (NABTU) outlining their cooperative relationship to support the construction of Project Ike, Orano’s planned $5 billion centrifuge uranium enrichment facility in Oak Ridge, Tenn.