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U.S. Department of Energy Awards $900 Million Contract to General Matter to Supply Domestic High-Assay Low-Enriched Uranium

The $900 million, 10-year contract aims to restore U.S. HALEU enrichment capacity and reduce reliance on foreign suppliers, securing fuel for advanced reactors, officials said.

  • DOE announced a $900 million IDIQ contract to General Matter to build domestic HALEU capacity, described as a critical milestone in reestablishing U.S. enrichment.
  • With only Russia and China producing commercial-scale HALEU, the U.S. cannot make it domestically, risking U.S. national security; the Paducah Gaseous Diffusion Plant in Paducah, Kentucky is being reindustrialized under a multi-decade lease with the Department of Energy.
  • Backed by Founders Fund, General Matter assembled a U.S.-recruited engineering team and will manufacture equipment at its California facilities and a larger out-of-state project.
  • The project is expected to attract over $1 billion in private investment and create jobs, with the Paducah facility bringing 140 new jobs to Western Kentucky and saving U.S. utilities hundreds of millions annually.
  • Company and federal leaders framed the award as strengthening the domestic nuclear fuel supply chain, with the Administration emphasizing its role in revitalizing U.S. energy security.
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The Berkshire EagleThe Berkshire Eagle
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U.S. Department of Energy Awards $900 Million Contract to General Matter to Supply Domestic High-Assay Low-Enriched Uranium

American Enrichment Company Selected to Expand the U.S. Nuclear Fuel Supply Chain

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Cowboy State Daily broke the news in on Wednesday, January 7, 2026.
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