The company building America’s uranium supply from scratch
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The company building America’s uranium supply from scratch
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Scott Nolan, Co-Founder and CEO of General Matter, joins John for a pint to discuss the engineering, economics, and geopolitics behind uranium enrichment. Scott breaks down why advanced reactors can't scale without High-Assay Low-Enriched Uranium (HALEU), why the US outsourced its fuel supply following the Cold War, and how General Matter is building a domestic facility in Paducah, Kentucky, to replace Russian imports. He also shares lessons as an early employee at SpaceX, and why 1970s interest rates stalled nuclear.
Timestamps
(00:00:00) Introduction
(00:00:41) America’s missing nuclear fuel
(00:05:27) Why small reactors need stronger fuel
(00:11:42) Can nuclear power the AI buildout?
(00:15:25) Why nuclear became so expensive
(00:22:24) The startups reinventing nuclear
(00:25:31) General Matter’s race to 2030
(00:29:44) Stripe Press’ new books
(00:30:22) The SpaceX playbook applied to nuclear
(00:35:18) Uranium enrichment, explained
(00:45:53) How small startups beat stagnant incumbents