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    US’ first privately-funded nuclear fuel recycling facility to be opened at Oak Ridge at a cost of $1.6 billion
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    US’ first privately-funded nuclear fuel recycling facility to be opened at Oak Ridge at a cost of $1.6 billion


    US’ first privately-funded nuclear fuel recycling facility to be opened at Oak Ridge at a cost of $1.6 billion

    https://interestingengineering.com/energy/oklo-nuclear-fuel-recycling-facility-us?utm_source=reddit&utm_medium=social&utm_campaign=reddit_share

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    8 Comments

    1. TwilightwovenlingJo on

      Oklo Inc., a nuclear technology company, has announced plans to build the nation’s first privately funded facility to recycle used nuclear fuel in Oak Ridge, Tennessee.

      The project, which involves an investment of up to $1.68 billion, is expected to create over 800 jobs.

      The new facility will take used nuclear fuel and recover the usable material to create new fuel for advanced reactors, like Oklo’s Aurora powerhouse.

    2. DotGroundbreaking50 on

      Something that needs to last thousands of years seems like a job that is better suited for the government, not a private for profit company that surely doesn’t have the business plan to keep the place running that long. Especially as it doesn’t seem like the US is interested in building new nuke plants and we aren’t building that many new icmbs, nuclear bombs and reactor ships

    4. CryptographerOwn2344 on

      Pretty wild to think we’re finally seeing private investment in nuclear fuel recycling here in the US. For decades we’ve just been stockpiling waste at reactor sites with no long-term plan. If Oklo can actually make this work, it’s a game changer—less waste, more usable fuel, and maybe even a stronger case for nuclear as a clean energy source.

    5. rastagizmo on

      The Aurora is being developed by Oklo Inc. Oklo Inc was founded in 2014, with investors including Hydrazine Capital (founded by Sam Altman, with Peter Thiel as its sole limited partner); Facebook’s co-founder, Dustin Moskovitz; Ron Conway of SV Angels; Kevin Efrusy, a technology investor at Accel Partners; Daniel Aegerter, a Swiss investor and entrepreneur, Tim Draper of Draper Associates, Crunchfund, and several smaller investors including early employees of Google and Yahoo.

      Hmmmm, this says plenty…..

    6. martinowen791 on

      About time someone figured out what to do with all that nuclear waste sitting around. Turning it back into fuel makes way more sense than just storing it forever.

    7. Illustrious-Hawk-898 on

      Privately funded… what happens if someone refuses to pay their bill? Don’t like that. Private and Nuclear sounds terrible.

    8. peacemaker2121 on

      Not that it’s super great, but I find funny anyway, is realizing the amount of stored used fuel isnt all that huge. About a football field about 10 feet deep. (85,000 metric tons).

      And that’s using old as dirt reactors. New ones are so much better. Probably will be reusing some old fuel in newer built ones.