A diffuse (spotless) vacuum arc was investigated on a hot cathode made from cerium dioxide. The discharge is obtained in the following range of current, voltage, and cathode temperature of I = 15–150 A, Va = 9–14 V, and Tc = 2.1–2.4 kK. The main characteristics of the plasma flow in space behind the anode with a hole were determined: it was found that the electron temperature at the working parameters lies in the range of 0.4–1 eV, the ions are predominantly singly charged, the average charge of the outgoing heavy particles reaches 0.9 e (elementary charge), and the most probable kinetic energy of the ions does not exceed 9 eV. Potentially found regimes of vacuum arc operation are promising for use in the work on implementation of the plasma method for spent nuclear fuel and/or radioactive waste reprocessing.