Advanced nuclear fuel technology company Lightbridge Corporation has signed a memorandum of understanding with reactor developer Oklo to conduct a feasibility study for co-locating a Lightbridge commercial-scale fuel fabrication facility at a similar facility planned by Oklo and to explore opportunities for collaboration in recycling nuclear waste.
Lightbridge president and chief executive officer Seth Grae said the potential co-location of the facilities could offer “significant synergies in terms of upfront capital expenditures and ongoing operating costs”.