Oklo and UK Nuclear Firm to Invest $2 Billion in Fuel Plants

Oklo and UK Nuclear Firm to Invest $2 Billion in Fuel Plants

Newcleo Ltd., a struggling UK nuclear startup, has agreed to invest as much as $2 billion to develop uranium fuel facilities in the US with American reactor developer Oklo Inc., a move aimed at expanding the supply chain for the fledgling fission industry.

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(Bloomberg) — Newcleo Ltd., a struggling UK nuclear startup, has agreed to invest as much as $2 billion to develop uranium fuel facilities in the US with American reactor developer Oklo Inc., a move aimed at expanding the supply chain for the fledgling fission industry.

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