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Indonesia / Danish Companies Sign Agreement For $4 Billion Thorium SMR In Borneo

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Four Danish companies have signed a memorandum of understanding with Indonesian state-owned corporations to potentially build a small modular reactor (SMR) nuclear facility on the island of Borneo that can produce one million tonnes of ultra-low emissions ammonia per year.

A statement said the economics of the overall project have not yet been finalised, but construction is expected to cost around $4bn (€3.7bn), plus operation and maintenance with the facility operating in 2028.

The four Danish companies are Copenhagen Atomics, Topsoe, Alfa Laval and Aalborg CSP. The MOU was signed with ammonia producer Pupuk Kaltim and national energy company Pertamina New & Renewable Energy.

Copenhagen Atomics, which is developing a thorium molten salt SMR, said in a statement that the ammonia produced by the plant, planned for Bontang in eastern Borneo, would be enough to produce fertiliser for the production of food for 45 million people, or about one sixth of the Indonesian population.

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