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Cameco, GE Hitachi and Global Nuclear Fuel eye collaboration on SMRs


Cameco, GE Hitachi and Global Nuclear Fuel eye collaboration on SMRs
Credit: GE Hitachi Nuclear Energy
Cameco (TSX: CCO; NYSE: CCJ), GE Hitachi Nuclear Energy and Global Nuclear Fuel-Americas have entered into a memorandum of understanding to explore several areas of cooperation to advance the commercialization and deployment of BWRX-300 small modular reactors (SMRs) in Canada and around the world.
“Nuclear power will play a massive role in the global shift to zero-carbon energy, generating a lot of momentum for emerging SMR and advanced reactor technologies,” said Cameco president and CEO Tim Gitzel. “Cameco intends to be a go-to fuel supplier for these innovative reactors. We’re looking forward to working with GEH and GNF to see what opportunities might exist around their novel SMR design.” ....

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