Final week, Cameco signed an settlement final week with an engineering firm to probably provide gas for SMRs in Canada and the US. The agency, X-energy, specializing in nuclear reactor and gas design, has developed what it calls the Xe-100 SMR.
Cameco is among the world’s largest suppliers of uranium, and as such, is effectively positioned to help SMRs. “We intend to be a gas provider of selection for the rising SMR and superior reactor market and stay up for working with X-energy to see what alternatives may exist round their progressive reactor know-how,” mentioned Cameco president and CEO Tim Gitzel.
This summer time, Cameco signed related offers with GE Hitachi Nuclear Power and International Nuclear Gas-Americas.
SMRs as seen as a alternative for diesel at mines and communities in distant places. Every set up would have a lifetime of 20 or 30 years, offering clear, financial and dependable vitality and warmth. A examine was accomplished in 2018 for Ontario Energy Technology, Canadian Nuclear Laboratories and MIRARCO that will lay the muse for future growth.
(This text first appeared within the Canadian Mining Journal)