Oklo Secures HALEU Fuel Supply for Ohio Nuclear Power Campus

Event summary

  • Oklo and Centrus sign LOI for HALEU fuel supply to power up to five Aurora powerhouses in Southern Ohio, with deliveries starting in 2029.
  • Centrus will supply HALEU from its American Centrifuge Plant in Pike County, Ohio, supporting Oklo’s planned 1.2 GW power campus.
  • The agreement includes potential prepayments from Oklo to Centrus, following a similar prepayment agreement with Meta in January 2026.
  • Centrus plans to leverage private capital and a $900 million HALEU task order from the U.S. Department of Energy.
  • The project is expected to create over 700 full-time construction jobs and 40-50 permanent jobs per powerhouse.

The big picture

This agreement aligns domestic fuel supply with planned advanced nuclear power generation, addressing one of the central constraints in the advanced nuclear sector. The deal strengthens Oklo’s deployment strategy in Southern Ohio, leveraging existing nuclear experience and workforce. The project is part of a broader effort to establish a commercial supply chain for advanced nuclear fuel and build a new U.S. advanced nuclear energy hub.

What we're watching

Fuel Supply Certainty
Whether Oklo can secure definitive contracts and maintain fuel supply certainty amid domestic HALEU constraints.
Project Execution
The pace at which Oklo and Centrus can execute the planned power campus and fuel supply expansion in Southern Ohio.
Regulatory Approvals
How regulatory approvals and permitting will impact the timeline and cost of Oklo’s Aurora powerhouse deployments.