Framatome and Standard Nuclear form TRISO fuel JV

Framatome and Standard Nuclear announced a joint venture (Standard Nuclear-Framatome) to supply commercial quantities of TRISO particles and proprietary advanced reactor products.

• Main announcement and JV details: The JV (named Standard Nuclear-Framatome / SNF) is a reactor-agnostic partnership governed by a board with senior leaders from both companies to deliver finished TRISO-based fuel products. The partnership aims to produce 2 metric tons of TRISO fuel annually once operational and to serve advanced reactor operators (e.g., SMRs and micro reactors).
• Regulatory, timeline and background details: Framatome submitted a 10 CFR Part 70 license amendment for its Richland, Washington fuel manufacturing facility to the U.S. NRC in September 2024; it was accepted for review and is planned to be finalized in spring 2026. The JV plans to commence manufacturing in 2027 pending regulatory approvals. Standard Nuclear is identified as the nation’s only independent developer of TRISO fuel; Framatome brings fuel cycle expertise and proven infrastructure.