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Gates-Backed TerraPower Strikes Deal for Nuclear Fuel Supply.

Authors :
Wade, Will
Source :
Bloomberg.com; 11/2/2024, pN.PAG-N.PAG, 1p
Publication Year :
2024

Abstract

TerraPower LLC, a nuclear energy company supported by Bill Gates, has entered into an agreement to invest in a uranium enrichment facility in South Africa to fuel its US reactor project. The company will purchase enriched uranium from ASP Isotopes Inc.'s facility to power its future reactor in Wyoming, as part of efforts to secure a new nuclear fuel supply. This move comes in response to US sanctions on Russian uranium imports, with TerraPower aiming to start generating electricity from its Natrium project by 2030. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
180635102