Cameco Corp. and its partners are starting to test a new uranium enrichment technology, intended to supply enriched uranium to nuclear power plants.
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Cameco, GE and Hitachi Ltd. are the three partners behind Global Laser Enrichment (GLE).GLE is starting a test loop, which will help the partners determine whether to commercialize the new technology in a full-scale production facility. The plant would be located in Wilmington, N.C.
GLE expects to decide by the end of 2009 whether to proceed with construction of the plant, depending on the test loop results.If it does proceed, the plant would produce between 3.5 million and six million separative work units (SWU), which measure the energy used to enrich uranium.Enriched uranium is used to fabricate fuel for nuclear power plants. GLE would sell the product to nuclear plants around the world.
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