Oklo in Talks to Use Cold War Plutonium for Nuclear Fuel
The U.S. Energy Department selected Oklo for advanced negotiations to repurpose surplus plutonium from dismantled nuclear warheads. Partnering with newcleo, the company aims to convert this material into fuel for advanced reactors to accelerate the deployment of new nuclear power technology.
OKLO INC entered advanced talks with the United States Department of Energy late evening the following day to repurpose Cold War-era plutonium as nuclear reactor fuel. The initiative follows a federal plan to make 20 metric tons of dismantled warhead material available for advanced nuclear technologies. For investors, the move represents a critical step in securing domestic fuel chains for next-generation reactors while reducing long-term government storage liabilities.
### Transforming Weapons-Grade Surplus into Power The program aims to convert surplus plutonium, which has a 24,000-year half-life, into a bridge fuel for advanced reactors. Oklo plans to develop this fuel alongside newcleo, a European firm specializing in high-tech nuclear designs. The partnership would combine fuel expertise with potential project capital, pending regulatory approvals and security requirements.
