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374 facts · 512 sources · updated 2026-09-30

Fact gov-001

newrecordconfirmed Federal Register, July 6, 2026: Valar is one of 84 signers of DOE's Defense Production Act nuclear fuel-cycle pact
2026-07-06 · gov-001 · Valar Atomics, U.S. Department of Energy, Office of Nuclear Energy, Theodore Garrish, U.S. Department of Justice, Federal Trade Commission · funds conferred by the agreement (it 'does not confer funds'): $0

DOE's Office of Nuclear Energy published the final 'Nuclear Fuel Cycle Consortium' voluntary agreement under section 708 of the Defense Production Act (FR Doc. 2026-13486, 91 FR 40991-41002, docket DOE-HQ-2025-0175). It was signed on June 2, 2026 by Theodore Garrish, Assistant Secretary for Nuclear Energy, under authority delegated by the Secretary, after the Attorney General and FTC chairman were consulted. The closing list of 'companies who have signed' the agreement has 84 names, among them 'Valar Atomics', beside utilities, uranium miners (including Energy Fuels, which runs Utah's uranium mill, mine-037), enrichers, fuel makers and other reactor start-ups (Antares, Oklo, Radiant, Kairos, X-Energy, TRISO-X, Standard Nuclear). The agreement covers the whole fuel cycle from mining to waste, is justified by Executive Order 14302 and the January 2025 national energy emergency (E.O. 14156), gives members a defense against antitrust suits for actions taken under an approved 'Plan of Action', and 'does not confer funds' (members pay their own costs). Specific obligations appear only in later Plans of Action, each of which needs a written Attorney General finding published in the Federal Register; none naming Valar was found as of 2026-09-29. DOE lists nine commenters on the draft (six individuals, two companies and a policy group) plus a procedural petition it declined to address; none is from Valar.

In plain termsValar signed on to a federal pact that lets nuclear companies coordinate with each other and with DOE, under Justice Department and FTC supervision, with a legal defense against price-fixing or collusion claims for joint actions that are approved in advance, in the name of national defense. It is not a contract or a grant: no money changes hands, and 83 other companies and groups signed the same document. What Valar will actually do under it would be spelled out in later 'Plans of Action', and none naming Valar has been published. The signing shows Valar sits inside DOE's defense-framed fuel-supply effort alongside the big established players.
verified 2026-09-29: Re-read the GPO text 2026-09-29: 84 signers counted, Valar listed, signed 2 June 2026 by Garrish, 'does not confer funds' exact. Fixed: comment count (9 commenters plus a petition DOE did not address); plain no longer says members cannot be sued (the DPA gives a defense, not immunity from suit).

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