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Piketon Today
By the People, for the People
Oklo and Centrus Announce Planned HALEU Joint Venture
The partnership aims to strengthen domestic nuclear fuel infrastructure and support Oklo's advanced reactor plans.
Mar. 11, 2026 at 7:34am
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Oklo Inc., a California-based energy technology company, has announced plans to pursue a joint venture with Centrus Energy Corp. to provide high-assay low-enriched uranium (HALEU) deconversion services at Centrus' facility in Piketon, Ohio. This move is intended to address a key fuel-supply bottleneck for advanced nuclear reactors, including Oklo's own 1.2 GW campus project.
Why it matters
The joint venture between Oklo and Centrus is seen as a strategic step to bolster the domestic HALEU supply chain, which is crucial for the development and deployment of next-generation nuclear technologies. By securing access to this specialized fuel, Oklo aims to mitigate a major supply-chain risk and better position its advanced reactor plans.
The details
Under the planned joint venture, Oklo and Centrus will work together to provide HALEU deconversion services at Centrus' Piketon, Ohio site. HALEU is a key fuel for many advanced nuclear reactor designs, but its limited availability has been a significant challenge for the industry. The partnership aims to strengthen this critical component of the nuclear fuel cycle and support Oklo's efforts to bring its compact, factory-built reactors online within the next decade.
- Oklo announced the planned joint venture on March 11, 2026.
- Centrus operates a uranium enrichment facility in Piketon, Ohio.
The players
Oklo Inc.
A California-based energy technology company specializing in the design and development of advanced nuclear microreactors, with a focus on small modular reactor (SMR) technology.
Centrus Energy Corp.
A leading supplier of nuclear fuel and services for the nuclear power industry, operating a uranium enrichment facility in Piketon, Ohio.
What they’re saying
“We must not let individuals continue to damage private property in San Francisco.”
— Robert Jenkins, San Francisco resident
“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”
— Gordon Edgar, grocery employee
What’s next
The joint venture between Oklo and Centrus is still in the planning stages, and the companies will need to finalize the details and obtain necessary approvals before the partnership can be fully implemented.
The takeaway
The planned Oklo-Centrus joint venture represents a significant step towards strengthening the domestic HALEU supply chain, which is crucial for the advancement of next-generation nuclear technologies. By securing access to this specialized fuel, Oklo aims to mitigate a major supply-chain risk and better position its own advanced reactor plans, contributing to the broader goal of expanding carbon-free energy solutions.
