Industry Newsuranium conversionnuclear fuelfluxpoint energyenergy security
FluxPoint Energy Plans Uranium Conversion Facility
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FluxPoint Energy this week at CERAWeek in Houston announced plans to build the first new U.S. uranium conversion facility in more than seven decades, aiming to convert uranium oxide into UF6 for enrichment. The company has secured a project site and completed a market study, citing concentrated foreign supply chains as a strategic bottleneck. The facility targets domestic fuel availability for reactors and advanced SMR deployment.
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