A USD148.5 million federal tax credit has been awarded to X-energy for the construction of the first-of-a-kind fuel facility in Oak Ridge, Tennessee. The TX-1 fuel fabrication plant will be constructed by the company's TRISO-X subsidiary and is designed to produce up to 714,000 TRISO fuel pebbles per year.
Uranium & Fuel 24 April 2024
BWXT Technologies is investing a total of CAD80 million in its Cambridge manufacturing plant to support small modular reactors, traditional large-scale nuclear and advanced reactors, in Canada and around the world. The plant is the largest commercial nuclear equipment manufacturing facility in North America.
Corporate 22 April 2024
The UK's Sheffield Forgemasters has been awarded accreditation by the American Society of Mechanical Engineers as a supplier of heavy forgings and castings to the civil nuclear market. The company originally gained ASME accreditation as a Nuclear Material Organisation in 1992, but that had lapsed, with the lack of nuclear new-build in the following years.
Corporate 19 April 2024