Energoatom, ConverDyn sign MoU on uranium conversion

MOSCOW. Sept 11 (Interfax) - Ukrainian nuclear power plant operator Energoatom and ConverDyn of the United States have signed a memorandum of understanding on uranium conversion and a confidentiality agreement, Ukrainian media reported, quoting the Ukrainian energy concern.

Potential cooperation with ConverDyn includes helping to increase uranium mining at the state-owned VostokGOK and building a plant to convert the natural product mined in Ukraine into uranium hexafluoride (UF6), "a process that is integral to creating a full nuclear cycle in the country," the press release said.

Energoatom President Pytor Kotin said this cooperation was important for Ukraine, as it opens up the opportunity to provide additional uranium conversion services and to diversify its supplies.

The first consultations on cooperation with ConverDyn took place in 2022, when the American company confirmed its interest in cooperation in the provision of conversion services.

The state Nuclear Fuel concern said in 2025 that ConverDyn was mulling the possibility of the joint construction in Ukraine of capacity to produce UF6.

ConverDyn specializes in providing uranium hexafluoride (conversion) services. It is owned by General Atomics and Honeywell on an equal footing.