Fuel

Uranium prices reached $81.9 per pound on October 1, the highest level in more than a month, according to online information source Trading Economics. The company reported that the last time prices were this high was on August 23, when they passed $82 per pound. Since the beginning of 2024, uranium prices have seen a decrease in price of about $9.10 per pound, or about 10 percent. Those statistics are based on trading on a contract for difference (CFD) that tracks the benchmark market.

BWX Technologies subsidiary Nuclear Fuel Services Inc. suspended operations last Friday at a Tennessee facility to assess conditions following Hurricane Helene. A company spokesperson said the site remained "in safe and secure condition."

Uranium prices were about $79.60 per pound as of the close of business on September 3, which put prices near their lowest level since November 2023, according to the website Trading Economics. Since the beginning of 2024, uranium prices have decreased $11.40/lb, or 12.53 percent, based on trading on a contract for difference (CFD) that tracks the benchmark market.

On September 4, Tennessee Gov. Bill Lee announced that Orano had selected Oak Ridge as its preferred site to build a “multibillion-dollar” uranium centrifuge enrichment facility. For Tennessee, the announcement underscores Oak Ridge’s draw for nuclear technology companies. For Orano and the nuclear power community, the announcement is another sign the nation is edging closer to adding front-end nuclear fuel cycle capacity.

The Department of Energy awarded $17 million on August 30 for 16 experiment and analysis projects expected to yield criticality data that will assist the Nuclear Regulatory Commission in licensing and regulating high-assay low-enriched uranium and the fuel infrastructure—including packaging and transportation containers—required to demonstrate and deploy HALEU-fueled advanced nuclear reactors. Project teams include six national laboratories taking lead roles in partnership with other labs, universities, and multiple industry partners.

BWX Technologies announced on August 26 that its Nuclear Fuel Services subsidiary had received a contract from the National Nuclear Security Administration for a yearlong engineering study of a pilot plant capable of testing a gas centrifuge uranium enrichment technology developed at Oak Ridge National Laboratory and producing domestic-origin enriched uranium the NNSA can use for multiple national security purposes. BWXT, which has a long history of providing fuel fabrication and downblending services for the federal government, has not—until now—included enrichment in its portfolio.

Uranium enricher Urenco welcomed representatives from the International Atomic Energy Agency to an August 19 event to mark the creation of an IAEA Centre of Excellence for Safeguards and Non-Proliferation at its Capenhurst, England, site. Representatives of the three nations with ownership stakes in Urenco—the United Kingdom, the Netherlands, and Germany—were joined by representatives from the United States, where Urenco also operates an enrichment plant. Urenco expects the new center to be fully operational in 2025.

Westinghouse Electric Company announced Aug. 8 that it has completed the first pressing of ADOPT nuclear fuel pellets at the company’s Springfields Fuel Manufacturing Facility in the United Kingdom. The pellets, which can contain up to 8 percent uranium-235 by weight, are destined for irradiation testing in Southern Nuclear’s Vogtle-2 pressurized water reactor.

Energy Fuels has paused transport of uranium ore from its mine south of the Grand Canyon in Arizona to a processing facility in Utah—a path that crosses Navajo Nation land.

Members of the Navajo Nation are challenging the legality of uranium ore transport from a mine in Arizona across tribal lands to a processing facility in Utah.

A 2012 law bans uranium transport on the vast Navajo Nation land, which covers portions of Arizona, New Mexico, and Utah. Navajo Nation president Buu Nygren issued an executive order on Wednesday saying that there must be an agreement before uranium is transported through the reservation.

A plan to build up a high-assay low-enriched uranium fuel cycle in the United Kingdom to support the deployment of advanced reactors is still in place after the Labour party was voted to power on July 4, bringing 14 years of conservative government to an end. A competitive solicitation for grant funding to build a commercial-scale HALEU deconversion facility opened days before the election, and the support of the new government was confirmed by a set of updates on July 19. But what does the U.K. HALEU program entail, and how does it differ from the U.S. HALEU Availability Program?

BWX Technologies Inc. announced today that its Advanced Technologies subsidiary has signed a cooperation agreement with the state of Wyoming to evaluate locations and requirements for siting a potential new TRISO nuclear fuel fabrication facility in the state.

Because of its hardness and its hardiness in the face of high temperatures, silicon carbide has been used for industrial purposes for decades. It has proven its worth as a key component of tiny TRISO fuel particles. But SiC has a weakness—in its pure form it is too brittle for use in structural components, such as 12-foot-long light water reactor fuel cladding tubes.

The Department of Energy released an anticipated request for proposals on June 27 for low-enriched uranium enrichment. “Today’s action will help spur the safe and responsible build-out of uranium enrichment capacity in the United States, promote diversity in the market, and provide a reliable supply of commercial nuclear fuel to support the energy security and resilience of the American people and domestic industries, free from Russian influence,” the DOE declared.

TerraPower announced May 29 that it will work with Framatome North America to fund the high-assay low-enriched uranium (HALEU) metallization pilot plant that Framatome is building at its fuel fabrication facility in Richland, Wash. A successful demonstration of Framatome’s capability of converting enriched uranium oxide to HALEU metal will “support the development of the domestic HALEU supply chain,” both companies say.

Utilities need to know months ahead of a scheduled refueling outage that fresh fuel will be on-site and ready to load. Now that the Prohibiting Russian Uranium Imports Act has been signed into law, U.S. utilities with plans to use Russian-origin low-enriched uranium also need to know if they can secure a waiver for imports through December 31, 2027—subject to specific annual limits—if “no alternative viable source of [LEU] is available to sustain the continued operation of a nuclear reactor or a United States nuclear energy company” or if LEU imports from Russia are “in the national interest.”

On May 13, President Biden signed the Prohibiting Russian Uranium Imports Act, unlocking the $2.72 billion that Congress conditionally appropriated in March to increase production of low-enriched uranium (LEU) and high-assay low-enriched uranium (HALEU).

Shikha Prasad

High-assay low-enriched uranium (HALEU) has emerged as a popular fuel choice for advanced small modular reactors due to its long power production periods before refueling. It is currently being pursued by TerraPower, X-energy, BWX Technologies, Kairos, Oklo, and other reactor companies. HALEU has a uranium-235 enrichment ranging from 5 percent to 20 percent, whereas traditional LWRs use low-enriched uranium fuel enriched up to 5 percent.

HALEU will provide power for longer durations, compared with traditional LWRs. But could it also provide an opportunity for more rapid proliferation, as is speculated in a 2023 National Academy of Sciences report on advanced nuclear reactors (nap.nationalacademies.org/catalog/26630/)?

If a nuclear proliferator conspires to divert fresh nuclear fuel for weapons production when it has not been used in a reactor, the effort required in separative work units (SWUs) to enrich U-235 from 5 percent to 90 percent and that required to enrich from 20 percent to 90 percent are both very small, compared with the effort required to enrich U-235 from its natural abundance to the initial 5 percent.

Ken Petersen
president@ans.org

With all that is happening in the industry these days, the nuclear fuel supply chain is still a hot topic. The Russian assault in Ukraine continues to upend the “where” and “how” of attaining nuclear fuel—and it has also motivated U.S. legislators to act.

Two years into the Russian war with Ukraine, things are different. The Inflation Reduction Act was passed in 2022, authorizing $700 million in funding to support production of high-­assay low-enriched uranium in the United States. Meanwhile, the Department of Energy this January issued a $500 million request for proposals to stimulate new HALEU production. The Emergency National Security Supplemental Appropriations Act of 2024 includes $2.7 billion in funding for new uranium enrichment production. This funding was diverted from the Civil Nuclear Credits program and will only be released if there is a ban on importing Russian uranium into the United States—which could happen by the time this column is published, as legislation that bans Russian uranium has passed the House as of this writing and is headed for the Senate. Also being considered is legislation that would sanction Russian uranium. Alternatively, the Biden-Harris administration may choose to ban Russian uranium without legislation in order to obtain access to the $2.7 billion in funding.

The United States has an ambitious goal: to establish a high-assay low enriched-uranium advanced nuclear fuel supply chain, revive the once thriving nuclear fuel market for low-enriched uranium in the nation, and “reestablish U.S. leadership in nuclear energy more broadly.” Making a success of that could have impacts beyond the nuclear sector. According to the Department of Energy’s Office of Nuclear Energy, “Expanding domestic LEU and HALEU enrichment production will be essential for fueling the clean energy required to bring down emissions in all sectors of the economy—including in hard-to-abate sectors such as manufacturing and industrial—while delivering high paying jobs to communities across the country.”