In the coming decades, HALEU fuel will be required for the new generation of reactor designs that are
currently in development. However, the anticipated cost of HALEU for advanced reactors will be 4-5x the cost
of current LEU price, suggesting that HALEU costs will be significant. Recycling, particularly pyroprocessing, is
a technology that could offer fuel for fast reactors at a cost much lower than fresh HALEU. Currently, there is
renewed federal and commercial interest in recycling as a way to produce cost competitive fuel for the next
generation of fast reactors.
