Urenco USA, the only US commercial uranium-enrichment company, announced on June 2, 2026 a multi-billion-dollar investment to boost capacity by nearly 50%. The expansion will fund a new enrichment plant at its southeast New Mexico facility, with the first of 24 centrifuge sets operational from 2032. The investment anticipates surging demand for nuclear reactors driven by AI data center power needs.
Urenco USA expansion investment
- ▪Urenco USA is planning a multi-billion-dollar investment to boost uranium enrichment capacity by almost 50%
- ▪Urenco USA is the only US commercial uranium-enrichment company
- ▪Urenco USA's capacity expansion is based on expectation of surging demand for nuclear reactors
New Mexico facility construction
- ▪The first of 24 sets of centrifuges used to enrich uranium at Urenco USA's new southeast New Mexico plant will be operational from 2032
- ▪Urenco USA announced the new enrichment plant construction on June 2, 2026
- ▪Urenco USA's investment will fund construction of a new enrichment plant at Urenco USA's facility in southeast New Mexico
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