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American Uranium for American Reactors

Under a $900 million contract, General Matter will produce and supply HALEU for the nation’s advanced reactors.

By General Matter • 1 min read

Last year, General Matter launched to restore U.S. leadership in enrichment to power America’s ambitions. Today, the U.S. Department of Energy awarded General Matter a $900M Indefinite Delivery, Indefinite Quantity (IDIQ) contract to build and operate High-Assay Low-Enriched Uranium (HALEU) enrichment capacity for U.S. nuclear energy needs.

Under this decade-long, milestone-based contract, General Matter will build domestic HALEU enrichment capacity for the advanced reactors that will fuel the next generation of American nuclear power.

Earlier this year, we announced a partnership with the Department of Energy to reindustrialize the former Paducah Gaseous Diffusion Plant, the site where the American enrichment industry was born. This award accelerates that plan and will make Paducah, Kentucky the cornerstone of the U.S. enrichment once again. In Paducah we will enrich HALEU to fuel clean, safe, baseload power, enabling American leadership in AI, manufacturing, and other critical industries.

Rebuilding U.S. domestic enrichment capacity will reduce our reliance on foreign providers, strengthen our nuclear industrial base, and lower energy costs for utilities and consumers.

American reactors need American uranium. In partnership with the Department of Energy, we will deliver it.

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