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Companies MAIRE, NextChem, and Newcleo form a joint venture to develop a new nuclear power plant using recycled waste as fuel.
MAIRE, NextChem, and Newcleo have formed a joint venture to develop a new 200 MWe nuclear power plant using advanced modular reactor technology.
This project aims to accelerate the commercialization of the "LFR-AS-200" reactor, which uses recycled nuclear waste as fuel, aligning with a circular economy model.
The joint venture will also offer technical services to other non-competing reactor providers, supporting the transition to Generation IV nuclear technologies.
The agreement is set to finalize by February 2025.
4 months ago
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