Aalo-Urenco fuel deal

Low-enriched uranium is a must have for Aalo’s, ‘Aalo-X experimental reactor’. Commercially sourced nuclear fuel for a next generation power plant is not something a business in the West has done before.

One of the major fuel enrichment companies in the world, Urenco, operates plants in Europe (Germany, the Netherlands, and the UK), and the U.S. This deal allows Aalo to dodge supply slow down & demand and will help build pace. As an example, SMR developers are having to compete for DOE allocated HALEU (high-assay low-enriched uranium) due to limited domestic production.

Aalo has grand ambitions to build and “deploy hundreds of Aalo pods to power data centers with clean, reliable energy… This strategy lets us focus on scaling reactor manufacturing rather than diverting capital into complex, time-intensive fuel fabrication plants.”

Read more: https://www.aalo.com/post/fuel-duel-with-urenco

Picture: Aalo

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