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Oklo to build Tennessee facility for recycling nuclear waste

Oklo, a nuclear power company, announced on Thursday that it will design, build and operate a facility in Tennessee for recycling nuclear waste. This plant is the first phase of an entire nuclear fuel center, which could cost up to $1.6 billion.

The fuel plant would be the United States' first of its type if it is approved by the Nuclear Regulatory Commission. The plant is expected to be operational by early 2030s, creating more than 800 new jobs.

The initial investment - Oklo didn't specify the amount - will go towards the construction of an installation to recycle nuclear waste (which the industry refers to as spent nuclear fuel) into fuel for reactors such as the Aurora reactor planned by Oklo. Oklo is hoping to receive a reactor license from the NRC by the end of 2027.

Oklo will work with TVA, a federally owned utility to recycle nuclear waste. They also plan to assess power sales to TVA from Oklo's reactors.

Jacob DeWitte is the co-founder and chief executive officer of Oklo. "By recycling waste fuel at scale, Oklo turns waste into gigawatts. We reduce costs and establish a secure U.S. Supply Chain," he said.

Many anti-proliferation activists oppose reprocessing. They say its supply chain can be used by militants to steal materials that could be used in crude nuclear bombs.

France and other countries have reprocessed their nuclear waste, breaking it down to uranium or plutonium. They then use these materials to create new reactor fuel.

In 1976, the former president Gerald Ford stopped reprocessing due to concerns about proliferation. Ronald Reagan lifted the moratorium on reprocessing in 1981. However, high costs have prevented new plants from being opened. DeWitte stated that the plutonium or uranium removed from waste by Oklo’s process will not be pure but instead mixed with other components, rendering it unusable for fissile materials.

Oklo stated that recycling waste currently held at U.S. Nuclear reactor sites would unlock energy equivalent to five-times the oil reserves in Saudi Arabia. TVA President and CEO Don Moul said that the next generation of nuclear technology is being developed and built right here in our backyard.

(source: Reuters)