Henderson, NV – American Fuel Resources (AFR) is pleased to announce that it has formally submitted an application in conjunction with International Isotopes, Inc. (INIS) to the U.S. Nuclear Regulatory Commission (NRC) requesting approval for the transfer of Materials License Sub-1011 from INIS’s subsidiary, International Isotopes Fluorine Products, Inc. to AFR’s wholly owned subsidiary Green Salt Products, LLC (GSP). The 40- year license, issued in October 2012, is for a depleted uranium hexafluoride (DUF6) deconversion site in Lea County, New Mexico.

The application marks a key milestone in AFR’s mission to expand America’s DUF6 deconversion capacity. Upon NRC approval and financial close, GSP will assume full operational, regulatory, and safety responsibilities under the license.

“With proven technology, top-tier partners, and an experienced team, we’re advancing an asset that offers infrastructure-like durability and strategic importance to the U.S. nuclear fuel cycle,” said Virginia Davies, Chief Financial Officer of AFR.

About American Fuel Resources

American Fuel Resources (AFR) is developing critical nuclear-fuel-cycle infrastructure to strengthen U.S. energy security and industrial resilience. Through its subsidiary Green Salt Products (GSP), AFR will convert DUF6 into DUF4 and high-purity fluorine, unlocking reliable domestic supply for nuclear conversion and strategic materials. Learn more at americanfuel.us.

For media inquiries, please contact:

Virginia Davies
Chief Financial Officer American Fuel Resources virginia.davies@americanfuel.us