Nuclear
Recycling
Recovering value from spent nuclear fuel and reactor materials
Overview
Spent nuclear fuel still contains more than 90% of its original energy content, along with recoverable zirconium, stainless steel and high-value isotopes used in medicine and industry. As the global nuclear renaissance accelerates — driven in large part by the small modular reactor build-out — the volume of spent fuel and end-of-life reactor material requiring responsible management is set to grow sharply.
This is a vision REC 2 is building deliberately rather than one it is announcing as complete. We have not developed proprietary reprocessing or vitrification technology of our own, and we do not claim to. Our approach is to map the field, understand where genuine value can be recovered safely and under full regulatory oversight, and identify the specialists who already hold that capability.
REC 2 is actively looking for partners — research institutions, licensed reprocessing operators and materials-recovery technology developers — who can help us build a credible, safety-first nuclear recycling proposition alongside our existing work in metal alloys and small modular reactors. This is a long-horizon, heavily regulated space, and we intend to approach it that way: through collaboration, not overreach.
Why REC 2 is Investing Here
Global installed nuclear capacity is expanding for the first time in decades, driven by SMR programmes across the UK, Canada, the US and Poland — creating a parallel, longer-term need for responsible spent-fuel and end-of-life material management.
REC 2's existing footprint in metal alloys and small modular reactors gives us a natural, credible entry point to engage specialist nuclear recycling partners, rather than approaching the sector cold.
We are positioning early and honestly — as a platform seeking the right technology and research partners, not as a claimant to capability we have not yet built.
Team