ASP Isotopes to Construct a HALEU Production Facility with TerraPower
DENVER, Colo., Oct 30, 2024 (247marketnews.com)- ASP Isotopes (NASDAQ: ASPI) stated that TerraPower agreed to fund the construction a uranium enrichment facility capable of producing High Assay Low-Enriched Uranium (HALEU) and the future supply of HALEU, which TerraPower will purchase upon completion.
Paul Mann, Chairman and CEO of ASP Isotopes, stated, “Over the last several decades, the scientists at ASP Isotopes have developed some of the world’s most advanced isotope enrichment technologies. This term sheet is further validation of our belief that ASP Isotopes can offer scalable and capital efficient technology solutions to the supply challenges which exist in global isotope markets.”
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