KEPCO Nuclear Fuel, GS Engineering & Construction, and Seaborg sign a Memorandum of Understanding for Fuel Salt production

KEPCO Nuclear Fuel (KNF), GS Engineering & Construction, and Seaborg have announced a collaboration to investigate the feasibility of developing a LEU fuel salt production facility in South Korea. The three companies share the common vision of pursuing a position within fluoride fuel salt supply for the global 4th generation nuclear energy market.

Seaborgs CMSR uses a low enriched fluoride fuel salt which is not yet commercially available. KNF brings extensive nuclear fuel production and fluorides handling knowledge, while GS E&C have broad experience in a variety of engineering and construction projects. Seaborg is engaged with a number of research partners covering different aspects of the fuel salt and its properties, and the partners thus have a solid foundation to investigate the path to commercialisation of fuel salt production.

Mr. Choi Ik-Soo, (President & CEO, KEPCO NUCLEAR FUEL.)

_“__KEPCO Nuclear Fuel __wants to explore adding molten salt fuel for 4th generation reactors to our portfolio, enabling us to stay on the forefront of nuclear fuel development in a strive to serve our clients“,_ said Mr. Choi Ik-Soo (President & CEO, KEPCO NUCLEAR FUEL.)

Mr. Kim Young-Shin (CTO, GS ENGINEERING & CONSTRUCTION)

_“The development within molten salt reactors looks promising, and nuclear fuel for 4th generation reactors is a very interesting business opportunity for GS E&C, which fits very well with our long-term strategic goals“,_ said Mr. Kim Young-Shin (CTO, GS ENGINEERING & CONSTRUCTION)

Mr. Navid Samandari (CEO, SEABORG)

_“We are excited to enter a collaboration with such esteemed companies bringing us one step closer to securing LEU fuel salt for our CMSR. This agreement further strengthens Seaborgs engagement with Korean industrial partners__,“ _said Mr. Navid Samandari (CEO, SEABORG)

Contact:

Kate Hesager, kate.hesager@seaborg.com, +45 31213034

Photo – https://mma.prnewswire.com/media/2105385/Seaborg_KNF_GS_signing.jpg

View original content:https://www.prnewswire.co.uk/news-releases/kepco-nuclear-fuel-gs-engineering–construction-and-seaborg-sign-a-memorandum-of-understanding-for-fuel-salt-production-301854682.html

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