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BLSK Energy and Argonne National Laboratory will commercialize pyroprocessing to recover fuel from U.S. nuclear waste. The project targets a pilot plant by 2034 amid administration efforts to cut reliance on Russian uranium.
interestingengineering.comBLSK Energy has signed a Cooperative Research and Development Agreement with Argonne National Laboratory to commercialize pyroprocessing, a high-temperature method capable of extracting reusable fuel from nuclear waste. The United States holds approximately 95,000 tonnes of spent nuclear fuel stored in temporary facilities while permanent sites are developed.
BLSK aims to bring a pilot plant online by 2034.
Pyroprocessing would convert the stored material into low-cost, carbon-free fuel for advanced fast reactors. The current administration has invested aggressively into research for recovering usable uranium from discarded nuclear fuel.
U.S. As the global leader in nuclear energy. The United States sits atop massive natural uranium deposits, yet building new supply chains will take time. Spent nuclear fuel already in the country offers an immediate domestic source.
Global uranium demand is projected to rise sharply. The World Nuclear Association projects that global uranium demand will increase 28 percent by 2030 and nearly double by 2040. Benjamin Godwin at Prism Strategic Intelligence told the Financial Times last year that Russian and Chinese players have been very keen to secure access to resources in central Asia and Africa, creating a very aggressive competitive environment.
Nuclear fuel has become a geopolitical issue as countries seek carbon-free, round-the-clock power for rising electricity needs. com reported the BLSK-Argonne agreement on May 31, 2026.
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bloombergquint.comThe trade pact eliminated UK tariffs on Indian jewellery. Indian indices fell while US markets rose on bank earnings. TSMC expanded its Arizona investment.
Abc NewsThe central bank lifted its policy rate by 0.25 percentage points on July 15. All seven monetary policy committee members backed the move amid inflation above target and rising household debt.
news.sky.comBritain's visible trade balance recorded a deficit of 18.66 billion pounds in May. The overall trade balance deficit also narrowed from the prior month.