CORIUMNuclear Regulatory Intelligence
···
Intelligence
SUPPLY CHAIN INTELLIGENCE
Select a material to see who depends on it, how it reaches a reactor, and where the chain narrows

HALEU

CRITICALFUEL
FORM
UF6 gas
LEAD TIME
52–104wk
COST
$40k–$100k/kg SWU
TRANSPORT
Type B

HALEU is the single most critical supply chain bottleneck for advanced nuclear in America. With ROSATOM sanctioned and Centrus operating at demonstration scale only, any enrichment delay cascades directly into TerraPower and Oklo deployment timelines — and their capital return schedules. No commercial HALEU supply chain exists at required volumes. Investors should treat 2027 commercial availability as optimistic.

WHO NEEDS IT

2
Oklo● STALLINGCRITICALFUEL
Aurora
Aurora microreactor requires HALEU. Same Centrus dependency as TerraPower.
TerraPower● GAININGCRITICALFUEL
Kemmerer Power Station Unit 1 — First Commercial Natrium
Natrium SFR requires HALEU metallic U-Zr fuel. Centrus Piketon is only US pathway.

SUPPLY ROUTE

MINING
Kazatomprom
Kazakhstan
CONVERSION
ConverDyn — Metropolis Works
United States
ENRICHMENT
2 OF 4 OPERATING
ASP Isotopes (Quantum Leap Energy) — Pelindaba
South Africa · CONSTRUCTION
ROSATOM — Ural Enrichment
Russia · SANCTIONED
Centrus Energy — Piketon
United States
Urenco USA — Eunice
United States
DECONVERSION
0 OF 1 OPERATING
NO OPERATING CAPACITY
Framatome — Richland
United States · CONSTRUCTION
FABRICATION
0 OF 1 OPERATING
NO OPERATING CAPACITY
Natrium Fuel Facility (GNF-A) — Wilmington
United States · CONSTRUCTION
REACTOR
Oklo
Aurora
TerraPower
Kemmerer Power Station Unit 1
▮ CHOKEPOINT — fewest suppliers, flagged critical, or no operating capacity

SUPPLIERS

8
SUPPLIER▲STAGE▲COUNTRY▲CAPACITY▲CONTRACTED CUSTOMERS▲STATUS▲
▸ConverDyn — Metropolis WorksCONVERSIONUnited StatesProjected to produce over 10 kt UF6 in 2026, about 20% above planned 2024 output.—ACTIVE
▸Framatome — RichlandDECONVERSION▮United StatesMetallization pilot line complete (first pucks Nov 2025); HALEU-capable production facilit…TerraPowerACTIVECONSTRUCTION
▸ASP Isotopes (Quantum Leap Energy) — PelindabaENRICHMENTSouth AfricaUnder construction on the Necsa site at Pelindaba, funded under a TerraPower loan agreemen…TerraPowerACTIVECONSTRUCTION
▸ROSATOM — Ural EnrichmentENRICHMENTRussia——SANCTIONED
▸Centrus Energy — PiketonENRICHMENTUnited StatesOnly US HALEU enrichment facility. Demonstration scale only; licensed for expansion to mee…TerraPowerACTIVE
▸Urenco USA — EuniceENRICHMENTUnited StatesHALEU capability under development at the Eunice NM facility. Not yet producing HALEU.—DEVELOPING
▸Natrium Fuel Facility (GNF-A) — WilmingtonFABRICATIONUnited StatesInvestment of more than $200M, co-funded by DOE ARDP. NRC filing reports an approximately…TerraPowerACTIVECONSTRUCTION
▸KazatompromMININGKazakhstan——ACTIVE