Urenco USA announced that the sixth of eight new centrifuge cascades at its National Enrichment Facility in New Mexico has begun production, marking 75% completion of the expansion. The plant, now at 4.3 million SWUs, is adding 700,000 SWUs and aims to exceed 7 million SWUs within a decade, with a new construction phase slated for 2029. The move aligns with the Trump administration’s push to cut reliance on foreign nuclear fuel imports and strengthen the domestic supply chain.
The expansion strengthens U.S. energy security and could boost sentiment for energy‑intensive tech sectors, such as AI and data‑center operators, by promising a stable, low‑carbon power source. While the news may lift industrial and energy equities, its direct impact on crypto assets is limited, potentially keeping risk‑off sentiment modestly subdued.