HD Hyundai and TerraPower have joined hands to bolster the global manufacturing supply chain for the latter’s Natrium reactors and accelerate the commercialization of advanced nuclear power technology, the two companies announced Wednesday.
According to the announcement, the collaboration will combine HD Hyundai Heavy Industries’ manufacturing expertise with TerraPower’s reactor technology and increase supply chain capacity to enable large-scale production and global deployment of Natrium plants. Under the agreement, the Korean shipbuilding conglomerate will develop a manufacturing process to supply key components of the Natrium reactor.
HD Hyundai Vice Chairman Chung Ki-sun and TerraPower founder Bill Gates attended the strategic partnership signing ceremony and discussed the development and commercialization of Natrium reactors.
Read more in Korea Herald here.
The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.
