Netherlands-based nuclear firm Thorizon has raised €12.5m ($12.5m) for development of a new generation thorium molten salt reactor which will be designed to use long-lived radioactive waste in combination with thorium as fuel.
Thorizon is a spin-off from the Nuclear Research and consultancy Group (NRG) which operates the High Flux research reactor in Petten and manufactures radioisotopes for medical applications.
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