MIDA loans itself $16.5M to prep site for uranium enrichment equipment facility

[Marlin]

MIDA loans itself $16.5M to prep site for uranium enrichment equipment facility

https://www.sltrib.com/news/2026/05/15/nuclear-power-mida-loans-itself/

[News Wire]

Utah's plan is to manufacture the hardware used to enrich uranium at facilities — like the one in Eunice, New Mexico. State leaders said they hope to eventually build an enrichment facility.

(Chris Samuels | The Salt Lake Tribune) Shovels are seen at Camp Williams in Bluffdale, Monday, Aug. 19, 2024. A state board approved a $16.5 million loan to prep land west of the Utah National Guard site for a facility intended to manufacture equipment used to enrich uranium.

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The Military Installation Development Authority approved a $16.5 million loan to prepare land near Camp Williams for a new manufacturing site. This facility will produce hardware components required for uranium enrichment operations. The project reflects Utah's long-term interest in developing domestic enrichment capabilities within the state.

Read the full article at The Salt Lake Tribune: https://www.sltrib.com/news/2026/05/15/nuclear-power-mida-loans-itself/