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Home News TerraPower Announces Strategic Agreement to Commercialize and Purchase HALEU

The following content is a news release distributed by . The original news release may be found here.

TerraPower Announces Strategic Agreement to Commercialize and Purchase HALEU

BELLEVUE, Wash.--(BUSINESS WIRE)--TerraPower, a leading advanced nuclear energy developer, today announced it has executed a term sheet with ASP Isotopes Inc. to expand global production of high-assay low-enriched uranium (HALEU). The agreement is the first step towards a two-fold definitive agreement; TerraPower plans to invest in the construction of a HALEU enrichment facility in South Africa, and TerraPower would purchase HALEU from the facility. This serves as one of many investments TerraP...

Read the full news release here

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