⚛️NRC Approves Honeywell's License Transfer for Uranium Facility
In the Matter of Honeywell International, Inc.; Direct and Indirect Transfers of License
Summary
The U.S. Nuclear Regulatory Commission (NRC) is issuing an order approving the application filed by Honeywell International, Inc. (Honeywell), dated January 24, 2025, as supplemented by letters dated February 14, 2025, March 3, 2025, March 7, 2025, April 9, 2025, and May 28, 2025. Specifically, the order approves the direct, and subsequent indirect, transfer of control of Source Material License No. SUB-526 and Export License Nos. XSOU8826/01 and XSOU8851/02 for the Honeywell Metropolis Works (MTW) uranium conversion facility in Metropolis, Illinois, and the indirect transfer of control of Honeywell's economic interest in ConverDyn, GP (ConverDyn) which holds NRC Export License Nos. XSOU8789/08 and XSOU8837.
Agencies
- Nuclear Regulatory Commission
Business Impact
$$$ - High
The document concerns the approval of Honeywell's application for the transfer of regulatory licenses related to their uranium conversion facility, which has significant implications for compliance and regulatory requirements in the nuclear industry that business owners must adhere to. Additionally, it outlines changes in corporate structure that could affect financial aspects and operations.