Thiel-Backed Nuclear Project Told to WAIT

ZeroHedge reports the NRC accepted General Matter's license application for a uranium enrichment plant in Paducah, Kentucky. Even a blind hog finds an acorn now and then. General Matter wanted a rush job. The NRC says it can't commit to anything faster than an April 2028 finish. Asking a federal regulator to hurry is like asking a mule to trot downhill: possible, but nobody's betting the farm on it. Orano's Project IKE in Tennessee is slower still. It answered only part of one set of NRC questions due in August, isn't expected to answer the rest until December, and the NRC pushed its license decision to June 2027. Washington handed Orano $900 million in January to build enrichment capacity.