Oklo Inc. (OKLO) and Centrus Energy Corp. (LEU) are forming a joint venture aimed at enhancing deconversion services for high-assay low-enriched uranium (HALEU), essential for advanced nuclear reactors. This partnership, announced recently, targets improved domestic nuclear fuel supply chain integrity by integrating OKLO’s reactor development with Centrus’ uranium enrichment expertise.
The proposed facility may be located at Centrus’ Piketon, Ohio site, already hosting enrichment operations. This co-location could streamline the movement of HALEU, potentially reducing transportation needs and enhancing nuclear fuel capacity across the U.S. OKLO is also advancing plans for a 1.2-gigawatt power campus in the area, supported by a collaboration with Meta Platforms to address future electricity demands.
OKLO’s shares have surged over 160% in the past year, reflecting strong market interest. The partnerships and initiatives signal a push for a more connected nuclear fuel infrastructure that could bolster the deployment of next-generation reactors nationwide.
