As US ramps up nuclear power, fuel supplier plans to enrich more uranium domestically
Live MintOAK RIDGE, Tenn. — A supplier of fuel for nuclear power plants announced a $60 million expansion in Tennessee on Wednesday, promising to resume and grow its manufacturing of high-tech centrifuges there to enrich uranium at its facility in Ohio. The expansion by Centrus Energy at its massive facility in Oak Ridge comes as the U.S. ramps up its reliance on nuclear power as a climate change solution. For a company like Centrus, the business strategy includes producing uranium enriched to levels that are standard in the nuclear power plants operating today, plus at a higher level for the type of commercial small reactors that are being developed in the U.S., though none are under construction yet. Edwin Lyman, the director of nuclear power at the Union of Concerned Scientists, said his group thinks the uranium is enriched enough in the process to make nuclear weapons, and worries about the security of keeping the material from getting into the wrong hands either at enrichment facilities, en route elsewhere or at some of the small reactors still in the works.