It’s been almost 35 years since Illinois last added a nuclear power reactor to the grid (Braidwood-2, a pressurized water reactor operated by Constellation, reached commercial operation in October 1988). And it’s been 63 years since a research reactor reached initial criticality at the University of Illinois–Urbana-Champaign (UIUC). The university’s TRIGA Mark II started up in August 1960 and was shut down in 1998. For about 25 years, UIUC—the flagship public university in a state that generates more power from nuclear energy than any other—has lacked an operating research reactor.

Consolidated Uranium plans to acquire Virginia Energy Resources, which owns Virginia Uranium and the Coles Hill Uranium Project, an undeveloped uranium deposit that sits under about 3,000 acres of land in south central Virginia. The state’s General Assembly has maintained a moratorium on uranium mining since 1982 that was upheld in the courts as recently as 2020, but Consolidated Uranium sees reason for “confidence that the moratorium on developing uranium projects in the state may ultimately be overcome,” and appears content to settle in for a wait.