The Government confirmed it was awarding £196 million to Urenco to build a uranium enrichment facility at Capenhurst that will produce high-assay low enriched uranium (HALEU) fuel by 2031 for export or use domestically.
The Government said it would support 400 highly skilled jobs, power the UK's future nuclear power stations and ensure other countries are not reliant on Russia for advanced nuclear fuel, a market which it currently dominates.
"Strengthening and securing our long-term domestic energy security matters to everyone and the nuclear industry has a critical role to play in that."Cheshire has a growing reputation for being at the forefront of science and technology, from Daresbury through to HyNet at Stanlow and also at Capenhurst where the £196 million investment into the Urenco site will recognise this further.
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