OKLOAurora+15MW.SMRSMRVOYGR+77MW.NuScaleNNENano Nuclear+Micro.ReactorLTBRLightbridge+Fuel.TechLEUCentrus+HALEU.ProdCCJCameco+Uranium.SupplyUECUranium Energy+U3O8.MiningCEGConstellation+TMI.RestartGEVGE Vernova+BWRX-300BWXBWXT+TRISO.FuelFUND.YTD2025-26$2.5B+.Raised

HALEU & Fuel Supply Chain

The critical bottleneck for advanced nuclear. Track HALEU enrichment, TRISO fuel fabrication, and uranium mining capacity versus the growing demand from next-generation reactors.

What is HALEU?
Uranium enriched 5-20% U-235 — required by most advanced reactors
US HALEU Produced (to date)
~920 kg
DOE Enrichment Investment
$2.7B+
CompanyCategoryProductFacilityCapacityStatus
enrichmentHALEU (19.75% enriched uranium)American Centrifuge Plant, Piketon, OH900 kg/year (demo); expanding to 6 MTU/year (120 centrifuges); plans for 12 MTU/yearoperational
enrichmentLEU and LEU+ (up to 10% enrichment)Urenco USA (Eunice, NM) + Capenhurst, UK (HALEU planned)2.5M SWU new capacity program; 700,000 SWU at US site by 2027; UK HALEU: up to 27 MTU/year by early 2030soperational
enrichmentLEU enrichment + fuel fabrication + reprocessingGeorges Besse II (France); New US facility planned7.5M SWU/year (France); new US facility TBDoperational
fuel-fabricationTRISO pebble fuel (HALEU-based)TX-1 Fuel Fabrication Facility, Oak Ridge, TN5 MTU/year (~700,000 TRISO pebbles) — enough for 11 Xe-100 reactorsunder construction
fuel-fabricationTRISO fuel for defense and NASA applicationsLynchburg, VAoperational
fuel-fabricationMetallic uranium-zirconium alloy fuel rodsINL Advanced Test Reactor (irradiation testing)development
uranium-miningUranium concentrate (U3O8)Cigar Lake + McArthur River, Saskatchewan, Canada30M+ lbs/year licensed capacityoperational
uranium-miningUranium concentrate (U3O8)Multiple ISR mines, KazakhstanWorld's largest producer (~25% of global supply)operational
uranium-miningUranium (In-Situ Recovery)Multiple ISR operations, Texas and Wyomingoperational
uranium-miningUranium (ISR)Wheeler River — Phoenix ISR Mine, Saskatchewan, Canadaunder construction
uranium-miningUranium (conventional mining)Rook I Project, Athabasca Basin, Saskatchewan, Canadadevelopment
uranium-miningUranium + Rare Earth ElementsWhite Mesa Mill, Utah + multiple mine sitesoperational
government-programHALEU procurement and distributionMultiple (Centrus, Orano, etc.)Targets: 3 MT by Sep 2024, 8 MT by Dec 2025, 10 MT by Jun 2026operational
policyBan on Russian enriched uranium (TENEX/Rosatom)enacted