Terrestrial Energy and Cameco to Examine Partnerships for Deploying IMSR Generation IV Nuclear Power Plant
Oakville, Ont. – October 13, 2021 – Terrestrial Energy and Cameco Corporation (TSX: CCO; NYSE: CCJ), both leading Canadian companies in their fields, have signed a Memorandum of Understanding (MOU) to examine potential partnership opportunities to deploy Terrestrial Energy’s Integrated Molten Salt Reactor (IMSR®) Generation IV nuclear power plants in North America and worldwide, and to evaluate possible opportunities for the supply of uranium supply, fuel and other services.
Terrestrial Energy has completed its siting study with Canadian Nuclear Laboratories (CNL) that short-lists a number of sites suitable for a commercial power plant that uses the company’s Integral Molten Salt Reactor (IMSR®).
Terrestrial Energy Advances to Next Stage of Canadian Nuclear Laboratories Small Modular Reactor Invitation Process
Terrestrial Energy has completed the pre-qualification stage of Canadian Nuclear Laboratories’ invitation process to site a Small Modular Reactor at a CNL-managed site. Responding to the CNL’s 2018 invitation, Terrestrial Energy presented a siting proposal to CNL for its 195 MWe Integral Molten Salt Reactor (IMSR®).
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Terrestrial Energy is an industry-leading technology company committed to delivering reliable, emission-free, and cost-competitive nuclear energy with a truly innovative advanced reactor design, the Integral Molten Salt Reactor (IMSR®).