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Inflation Reduction Act makes down payment on HALEU : Uranium & Fuel

Centrus and GLE have welcomed the USD700 million support package to develop high-assay low-enriched uranium included in the US Inflation Reduction Act to develop the infrastructure needed to fuel next generation of nuclear reactors.

South Korea s SK Group invests in TerraPower : Corporate

SK Inc and SK Innovation - both affiliates of SK Group, Korea's second-largest conglomerate - have invested USD250 million in US nuclear innovation company TerraPower. The investment by SK is part of the latest private capital fundraise, which has raised at least USD750 million of investment in TerraPower.

TerraPower closes $750M fundraise; SK invests $250M

TerraPower, a nuclear innovation company, has closed an equity raise that yields a minimum of $750 million. This is one of the largest advanced nuclear fundraises to-date. The fundraise was co-led by SK Inc. and SK Innovation (collectively, SK) and TerraPower’s founder Bill Gates. SK invested $250 million. SK Group.

TerraPower of Bill Gates raises $750 million for projects in nuclear energy and medicine

TerraPower of Bill Gates raises $750 million for projects in nuclear energy and medicine
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