The agreement with Radiant is the first binding commercial contract by a U.S. advanced reactor developer for Western HALEU enrichment services.
Our services will support Radiant to deploy its Kaleidos model microreactor.
Urenco and Radiant took part in a signing event at the US Embassy in London on Monday, September 15, ahead of the U.S. President’s state visit to the UK.
We were part of a wider government announcement on nuclear energy between the two countries, which you can read here.
Urenco Chief Executive, Boris Schucht said:
“Today’s announcement reflects the strong global leadership of the United States and the United Kingdom in supporting the deployment of the next generation of reactors and in expanding and strengthening the Western nuclear fuel supply chain.
“The close cooperation and partnership between the U.S. and the UK has and will continue to play a critical role in supporting the demonstration and deployment of advanced nuclear reactors to meet growing energy demands, including for the technology sector, and in strengthening energy security for both countries, as well for allied nations across the world.
“This deal represents a very positive step for the development of small modular reactors (SMRs) in the industry.”
UK Energy Secretary, Ed Miliband, said:
“British business will thrive under the UK-US partnership on nuclear, and this deal between Urenco and Radiant demonstrates just that.
“By working in lockstep with the US, we will reap the benefits of this golden age of nuclear, powering British homes with clean, homegrown energy, delivering well-paid skilled jobs and getting energy bills down for good.”
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Read moreAbout Urenco
Urenco is an international supplier of uranium enrichment services, fuel cycle products and related solutions with sustainability at the core of our business. Operating in a pivotal area of the nuclear fuel supply chain for over 50 years, Urenco understands the importance of energy security and facilitates the reliable delivery of low carbon electricity generation for consumers around the world.
With its head office in London, UK, Urenco’s global presence ensures diversity and security of supply for customers through enrichment facilities in Germany, the Netherlands, the UK and the USA. Through our technology and the expertise of our people, the Urenco Group provides safe, cost effective and reliable services, operating within a framework of high environmental, social and governance standards, complementing international safeguards.
Urenco is making a positive contribution to global climate change goals through our core business and we are committed to achieving net zero carbon emissions by 2040.
We are committed to continued investment in the responsible management of nuclear materials; innovation activities with clear sustainability benefits, such as nuclear medicine, industrial efficiency and research; and nurturing the next generation of scientists and engineers.
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