Global Infrastructure SherpaCentrus Energy and Oklo explore advanced nuclear fuel joint venture
Centrus Energy and Oklo are discussing a joint venture focused on deconversion services for high-assay low-enriched uranium and the advancement of related fuel-cycle technologies and supply chains. This partnership aims to strengthen the supply chain for advanced nuclear fuels.
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Counterparts (2)
Partner
Centrus Energy
Centrus Energy Corp. is a supplier of enriched uranium fuel for commercial nuclear power plants. They also provide advanced services, including the development of advanced reactor fuel.
Oklo
Oklo is a U.S.-based advanced fission power plant developer focused on designing, developing, and deploying microreactors and other advanced nuclear technologies. The company aims to provide clean, reliable, and affordable energy solutions, with its first commercial-scale plant planned for Idaho National Laboratory.
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Centrus Energy, a key supplier of enriched uranium and advanced reactor fuel developer, is exploring a joint venture with Oklo, announced March 9, 2026. This collaboration specifically targets deconversion services for high-assay low-enriched uranium (HALEU). The move directly addresses a critical bottleneck in the advanced nuclear fuel cycle, aiming to bolster supply chains for next-generation reactors. By developing these specialized fuel-cycle technologies, the partners are positioning themselves to support future advanced nuclear power plant deployments.
- Partnership announced March 9, 2026.
- Focus on deconversion services for high-assay low-enriched uranium (HALEU).
- Centrus Energy is an existing enriched uranium supplier and advanced reactor fuel developer.
- Value of the joint venture was not disclosed.
Timeline
Announced
Mar 9, 2026
Signed
Closed
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