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U.S. Department of Energy Establishes High-Assay Low-Enriched

December 12, 2022
in Trading
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Urea Prices Spike by 46% in October Following Natural Gas Cost
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. The rapidly growing cost of energy resources, primarily natural gas, has not only led to a rise in urea cost but has also resulted in the work suspension of fertilizer manufacturing plants around the world.

The U.S. Department of Energy (DOE) today announced the establishment of a high-assay low-enriched uranium (HALEU) consortium. The HALEU Consortium will help inform DOE activities to secure a domestic supply of HALEU—a crucial material needed to develop and deploy advanced reactors in the United States. Membership is free and open to any U.S. entity, association, and government organization involved in the nuclear fuel cycle. It also may include organizations whose facilities are in ally or partner nations designated by DOE. 

The HALEU Consortium is part of the HALEU Availability Program, established under the Energy Act of 2020, to support the availability of HALEU for civilian domestic research, development, demonstration, and commercial use. HALEU is not available at commercial scale from domestic suppliers and could threaten the deployment of advanced reactors if not addressed. Entities interested in joining the HALEU Consortium should send an email to HALEUConsortium@nuclear.energy.gov.  

The request submitted should explain their involvement in the nuclear fuel cycle and interest in partnering with DOE, along with the name(s) of your representative, email, and phone number. 

Membership requires approval by the Office of Nuclear Energy. Interested parties may register more than one individual.  

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