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U.S. selects five companies for talks on using surplus Cold War plutonium as reactor fuel

Tuesday, May 26, 2026Science & ClimateWell-covered4 frames

The Facts

  • The Department of Energy selected five companies for advanced negotiations under its Surplus Plutonium Utilization Program.
  • Oklo is one of the companies selected for those negotiations.
  • The program is aimed at making surplus plutonium from dismantled Cold War-era nuclear warheads available for conversion into fuel for advanced nuclear reactors.
  • The negotiations are not final, and the companies have not yet been granted access to the plutonium.
  • The Trump administration previously directed the government to halt much of its plutonium dilution-and-disposal program and instead pursue use of surplus plutonium as fuel for advanced nuclear technologies.
  • Reports say the administration plans to make about 20 metric tons of surplus plutonium available through the effort.
  • Supporters of the plan say converting the plutonium into reactor fuel could help address fuel supply constraints facing advanced reactor developers.
  • The plan has drawn criticism from nonproliferation experts and other critics who say civilian use of weapons-grade plutonium could create security or proliferation concerns.

How left and right are reading this

Both agree
Surplus plutonium from dismantled warheads is being considered for reactor fuel rather than disposal, a consequential shift both framings treat as real and not yet complete because negotiations are still preliminary and access has not been granted.
They split on
Whether the story is about accepting added security and proliferation risk to ease advanced-reactor fuel constraints, or about using existing surplus material more strategically instead of treating it as waste.
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Context

Which companies were selected for advanced negotiations?

The five companies identified in reports are Oklo, Exodys Energy, SHINE Technologies, Standard Nuclear and Flibe Energy Forbes,Hill.

Why do companies want access to this plutonium?

Companies involved say the material could be converted into fuel for advanced reactors and help relieve a shortage or bottleneck in nuclear fuel supply as new reactors are developed Bloomberg Business,Boston Globe.

What is still unresolved?

The DOE selections begin advanced negotiations rather than a final transfer, so the terms of any access to the plutonium still have to be worked out; the broader plan also remains under debate because critics question the security and nonproliferation implications of private-sector use of weapons-grade material NewsChannel 3-12,NYT,CNN International.

View all 62 sources

Wire services (4)

APapokalypsnu.comRT-Engels: Trump to place weapons-grade plutonium in private...
Reuters1470 & 100.3 WMBDUS picks potential partners for using Cold War-era plutonium...
ReutersReutersOklo says it is in talks to use US Cold War-era plutonium as...
ReutersU.S. News & World ReportOklo Says in US Talks on Using Cold War-Era Plutonium for Nu...

Independent coverage (50)

europesun.comTrump to place weapons-grade plutonium in private hands
Foreign Policy JournalOklo's Plutonium Fuel Program Selection Could Reshape Federa...
NewsBytesTrump administration may give weapons-grade plutonium to pri...
RTTrump to place weapons-grade plutonium in private hands -- ...
Crypto BriefingNewcleo plans public listing through $2.4B SPAC merger
Technology OrgUS Wants Startups to Turn Cold War Plutonium Into Reactor Fu...
No2NuclearPowerUS - Plutonium - No2NuclearPower
Yahoo! FinanceCan Plutonium-Fueled Reactors Redefine Oklo's (OKLO) Long-Te...
Zero HedgeOklo Lands DOE Plutonium Deal To Turn Surplus Material Into ...
The Spokesman ReviewU.S. seeks to give weapons-grade plutonium to startups for f...
phl17Energy Department takes steps toward allowing plutonium, his...
www.theepochtimes.comUS Selects Companies for Talks on Repurposing Cold War-Era P...
Crypto BriefingOklo partners with newcleo to explore Cold War plutonium fue...
BeritajaTrump Admin Wants Nuclear Startups To Use Plutonium For Thei...
News18From Warheads To Watts: How US Is Turning Cold War Plutonium...
see.newsUS Turns Cold War Plutonium Into Nuclear Fuel in Push for Ad...
TechCrunchTrump admin wants nuclear startups to use plutonium for thei...
RocketNews | Top News Stories From Around the GlobeTrump administration wants nuclear startups to use plutonium...
The HillDOE eyes using plutonium in nuclear fuel
MINING.COMUS to provide plutonium from atomic bombs to fuel nuclear pl...
NewsChannel 3-12The Trump administration is working on a deal to give weapon...
CNN InternationalThe Trump administration is working on a deal to give weapon...
ExchangeMonitorOklo as possible recipient of Cold War-era plutonium for fue...
Democratic UndergroundTrump administration to give weapons-grade plutonium to priv...
Al Jazeera OnlineUS picks potential partners for using Cold War-era plutonium...
Crypto BriefingOklo shares surge 7% after DOE selects company for plutonium...
RocketNews | Top News Stories From Around the GlobeUS picks potential partners for using Cold War-era plutonium...
The Boston GlobeTrump administration wants to give weapons-grade plutonium t...
Barchart.comOklo Stock Gets a New 'Buy' Rating from Bank of America: It'...
DNyuzU.S. Seeks to Give Weapons-Grade Plutonium to Start-Ups for ...
GV WireUS Seeks to Give Weapons-Grade Plutonium to Startups for Fue...
The Philadelphia InquirerU.S. seeks to give weapons-grade plutonium to startups for f...
Yahoo! FinanceOklo Jumps 11% After DOE Advances Nuclear Fuel Negotiations
Yahoo! FinanceDOE Selection Sends Oklo Up 9%
The New York TimesU.S. Aims to Give Cold War Plutonium to Start-Ups for Nuclea...
Sherwood NewsInside Oklo's audacious plan to turn leftover weapons-grade ...
Sherwood NewsOklo says it's partnering with Nvidia, sending the stock up
Investing.com IndiaWedbush reiterates Oklo stock rating on AI energy demand out...
Sherwood NewsOklo rises after saying it's in advanced negotiations on US ...
GV WireOklo Says It Is in Talks to Use US Cold War-Era Plutonium as...
news.bloomberglaw.comAltman-Backed Nuclear Firm Oklo Rises on US Reactor Fuel Pro...
The Motley FoolWhy Oklo Stock Just Popped | The Motley Fool
NASDAQ Stock MarketWhy Oklo Stock Just Popped
24/7 Wall St.Oklo Moves One Step Closer to Commercialization
finanzen.atOklo Shares Rise 6% After DOE Selects Company For Advanced N...
Yahoo! FinanceOklo stock is surging -- here's why
Financial PostAltman-Backed Nuclear Firm Oklo Rises on US Reactor Fuel Pro...
American Journal of Transportation | AJOT | 1-800-599-6358Oklo says in talks on using US Cold War-era plutonium as nuc...
Investing.com IndiaOklo stock gets Buy rating reaffirmed at Texas Capital on DO...
Bloomberg BusinessAltman-Backed Nuclear Firm Oklo Rises on US Reactor Fuel Pro...
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