France-Based Orano USA Plans Oak Ridge, Tennessee, Operations
09/09/2024
The investment will include the construction of a new uranium enrichment center which will be a multi-structure commercial production site.
“We are very pleased to make this announcement with the great state of Tennessee. The warm welcome, responsive engagement and established nuclear energy community in Oak Ridge, as well as access to continuous and stable power, have been key factors for this site selection,” Jean-Luc Palayer, CEO and President, Orano USA said. “We’re already preparing for our next required steps, including securing available Federal support and customer commitments, obtaining an NRC license and Orano’s Board approval, but today we celebrate this major milestone towards bringing a new enrichment facility online to help meet our country’s need for an increased, secure domestic nuclear fuel supply.”
Orano specializes in uranium mining/conversion/enrichment, used nuclear fuel management and recycling, decommissioning shutdown nuclear energy facilities, federal site clean-up and closure and developing nuclear medicines to fight cancer.
“Today we are announcing a significant milestone for the future of reliable and clean energy in our state thanks to Orano’s selection of Oak Ridge as the preferred site to locate one of North America’s largest uranium enrichment centers. With assets like Oak Ridge National Laboratory and the city’s rich history in the nuclear industry, Oak Ridge is primed to support Orano’s efforts, and we look forward to the future opportunities this partnership will create for both Orano and Tennessee. A special thank you to Congressman Chuck Fleischmann for his leadership and support of this project throughout this recruitment process,” TNECD Commissioner Stuart C. McWhorter noted.
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