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Urenco announced plans to increase uranium enrichment capacity at its New Mexico facility by nearly 50%, significantly expanding the only commercial-scale uranium enrichment plant currently operating in the United States. The expansion is being driven by rising demand for nuclear fuel, growing interest in new reactor construction, and efforts to replace Russian nuclear fuel services following U.S. restrictions on imports from Russia. Urenco stated that the investment is supported by long-term customer commitments and reflects increasing confidence in the future …
— ORIGINAL POST ·
Biggest US Nuclear Fuel Enricher Is Scaling Up in Bet on AI Boom ($OKLO)
· r/wallstreetbets
· Jun 2, 2026