France-based nuclear company Framatome and US-based Ultra Safe Nuclear have signed a non-binding agreement to form a joint venture to bring commercially viable, fourth-generation nuclear fuel to market for USNC’s micro-modular reactor (MMR) and other advanced nuclear power plant designs.
The joint venture expects to begin manufacturing Triso particles and fully ceramic microencapsulated (FCM) fuel in late 2025.
The two companies said they had developed “concrete plans” to support rapid expansion to meet demand growth for advanced nuclear fuel in the US and global markets.
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