Fueling the Future of Nuclear Power
Euratom Supply Agency: Target Prices for HALEU
In 2019, the Euratom Supply Agency (ESA) evaluated options for supplying European
Research Reactors with HALEU. They set a target price, including deconversion to metal,
of €20,000 (~$24,000) per kgU.
According to ESA, the cost of HALEU metal from U.S. downblended stocks or Russia is
€12,000 (~$14,400) per kgU.
Caveats:
The ESA price targets are based on very low production volumes. As demand and
production scale increase, prices will come down below these levels.
The first ~$6,000 per kgU of the prices shown above reflects the cost of the LEU used
as feed material, based on today's spot prices. This part of the price is “baked in"
and is more likely to go up in the future than down.
Centrus
Fueling the Future
of Nuclear Power
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