WMC is the go-to intermediary in the nuclear fuel market

We are in the business of transforming commodities in space (logistics), in time (storage and financing) and in form (processing) to meet our customer's needs.

Nuclear fuel cycle infographic

1

Uranium Mining and Milling

Uranium ore is extracted, purified and milled by miners to become uranium oxide (U3O8) or 'Yellowcake.'

2

Refining & Conversion

U3O8 is chemically converted into uranium hexafluoride (UF6), for light water reactors and uranium dioxide (U02) for heavy water reactors.

3

Enrichment

UF6 is fed into gas centrifuges to separate the lighter U235 isotope. U235 is typically enriched to up to 5%.

4

Fuel Fabrication

The enriched UF6 is converted back to uranium dioxide (UO2) and is then pressed and sintered into pellets before being put into fuel rods.

5

Electricity Generation

The fuel rods are loaded into nuclear reactors and used to generate steam. This drives turbines which power electricity generators.

6

Reprocessing and Recycling

Recovered uranium from reprocessing can be converted to UF6 and then re-enriched into new fuel.

Nuclear Fuel Materials

U3O8

Uranium Oxide

U3O8 or Yellow Cake

UF6

Uranium Hexafluoride

UF6

235U

Enriched Uranium Product

235U typically enriched to up to 5%
Also known as EUP

“We have worked with WMC since their inception and successfully completed a number of transactions. WMC has an experienced, creative and collaborative team and has provided value in facilitating unique transaction structures meeting our needs.”

— US Utility Nuclear Fuel Buyer