https://newsletter.mw.creamermedia.com
Energy|Nuclear|PROJECT|Projects
Energy|Nuclear|PROJECT|Projects
energy|nuclear|project|projects

France's Orano selects Tennessee site to build uranium enrichment plant

Jean-Luc Palayer

Jean-Luc Palayer

4th September 2024

By: Reuters

  

Font size: - +

WASHINGTON/PARIS  - France's state-owned nuclear fuel company Orano has selected Oak Ridge, Tennessee as a preferred site to build a multi-billion dollar US uranium enrichment plant, Tennessee and Orano officials said on Wednesday.

The move comes months after the administration of President Joe Biden signed legislation meant to eventually end dependence on Russia, the world's top supplier of enriched uranium. The law imposed a ban on imports of Russian enriched uranium and freed up to $2.7-billion in US funding for domestic uranium projects.

Jean-Luc Palayer, CEO and president of Orano USA, said the company is preparing the next required steps for the plant, including securing US federal support, customer commitments, and obtaining a license from the Nuclear Regulatory Commission and approval from Orano’s board.

"But today we celebrate this major milestone towards bringing a new enrichment facility online to help meet our country’s need for an increased, secure domestic nuclear fuel supply," said Palayer. Orano USA's headquarters are in Bethesda, Maryland.

The officials said the plant would create more than 300 jobs in Tennessee. The project is also being supported Tennessee's Nuclear Energy Fund, which has about $60-million in approved funding.

Edited by Reuters

Comments

Showroom

Hanna Instruments (Pty) Ltd
Hanna Instruments (Pty) Ltd

We supply customers with practical affordable solutions for their testing needs. Our products include benchtop, portable, in-line process control...

VISIT SHOWROOM 
Weir
Weir

Weir is a global leader in mining technology. We recognise that our planet’s future depends on the transition to renewable energy, and that...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 21 February 2025
Magazine round up | 21 February 2025
21st February 2025
BOLSTERING PRESENCE
The project is set to bolster Namibia’s position as one of the world’s leading uranium producers
Uranium mine moving closer to production
21st February 2025 By: Simone Liedtke

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.054 0.129s - 144pq - 2rq
Subscribe Now