Uranium Company Increases Output to Meet Nuclear Power Demand.

  • Published In: Bloomberg.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Feldman, Ella 3 of 3

Abstract

The article focuses on Solstice Advanced Materials Inc., a company that plans to increase its production of uranium hexafluoride, a key material for nuclear power, in response to rising demand for clean energy. The company, which was spun off from Honeywell International Inc. last year, expects to produce over 10,000 tons in 2026, up from more than 9,000 tons in 2025, to meet a backlog of over $2 billion in orders from utilities. The revival of interest in nuclear power, supported by government initiatives, contrasts with historical concerns about safety and environmental risks associated with nuclear energy. Currently, more than 70 nuclear reactors are under construction globally, with plans for an additional 115, indicating a significant shift in the energy landscape. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2026/02, pN.PAG
  • Document Type:Article
  • Subject Area:Power and Energy
  • Publication Date:2026
  • Accession Number:191489152
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