US Edition$1.5B Uranium Enrichment Facility Coming to Paducah
MCCRACKEN COUNTY, KENTUCKY, AUG 5 – The $1.5 billion project will create 140 full-time jobs and generate $71 million annually to reduce U.S. reliance on foreign nuclear fuel, officials said.
- In Paducah, Kentucky, on Aug. 5, 2025, General Matter signed a multi-decade, 100-acre lease with the U.S. Department of Energy to build a $1.5 billion uranium enrichment facility.
- Seventy-Five years ago the U.S. Atomic Energy Commission selected Paducah, and General Matter aims to end U.S. reliance on imported uranium.
- General Matter will generate an estimated $71 million in recurring annual economic benefit for the Paducah region and create approximately 140 full-time jobs.
- Following the lease signing, Gov. Andy Beshear hailed the deal as the largest economic investment ever for Western Kentucky and said `This lease reflects Kentucky's leadership in nuclear energy and our strong partnerships at the federal and local levels, as well as in the private sector`.
- Supporting AI and manufacturing sectors, the project underscores the importance of the Paducah site, which plans to begin enriching uranium by the end of the decade under DOE’s LEU and HALEU programs.
24 Articles
24 Articles
Nuclear fuel enrichment startup signs lease at former Paducah Gaseous Diffusion Plant
The site of the former Paducah Gaseous Diffusion Plant. (Department of Energy)Elected officials in Kentucky hailed the signing of a lease Tuesday that will restart uranium enrichment in Paducah, saying it would be West Kentucky’s biggest ever economic development project once completed. General Matter, led by Scott Nolan, a partner at the venture capital Founders Fund, plans to create high-assay low-enriched uranium, or HALEU, that smaller, adva…
First US commercial uranium enrichment plant signs lease in Paducah
From left: U.S. Department of Energy (DOE) Portsmouth Paducah Project Office Manager Joel Bradburne, U.S. Congressman James Comer, U.S. Senator Rand Paul, U.S. Senator Mitch McConnell, General Matter CEO Scott Nolan, Kentucky Governor Andy Beshear, U.S. Department of Energy Office of Environmental Management Principal Deputy Assistant Secretary Roger Jarrell, McCracken County Judge Executive Craig Clymer, and City of Paducah Mayor George Bray br…
$1.5B uranium enrichment facility coming to Paducah
HENDERSON, Ky. (WEHT) - Governor Andy Beshear joined other elected officials and leaders from General Matter, an American uranium enrichment company, to recognize the company’s signing a lease with the U.S. Department of Energy (DOE) for the former Paducah Gaseous Diffusion Plant. Gov. Beshear says the signing of the lease paves the way for future milestones, including permitting, licensing and contractual terms with the DOE that will move the p…
General Matter invests $1.5 billion in Paducah Uranium Enrichment Facility - KBSI FOX23 News Cape Girardeau News
WESTERN KENTUCKY (KBSI) – A $1.5 billion investment from General Matter is poised to bring significant economic growth to Western Kentucky, with the construction of a uranium enrichment facility in Paducah. The project is expected to create 140 jobs and marks the largest investment in the region’s history. General Matter, a privately funded American company, aims to develop uranium enrichment technology, reducing the country’s reliance on foreig…
Major $1.5B investment announced for Paducah
Gov. Andy Beshear announced a significant economic development project in McCracken County, marking a $1.5 billion investment and the creation of 140 well-paying jobs. The project involves a lease agreement between General Matter, an American uranium enrichment company, and the…
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