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Stock impact report

X-energy's TX-1 nuclear fuel facility enters vertical construction [Yahoo! Finance]

Dow Inc. (DOW) 
Last dow inc. earnings: 4/30 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
The project marks the first facility of its kind in the US and is designed solely for manufacturing fuel for X-energy's debut proposed deployment of the four-unit Xe-100 advanced small modular reactor plant. The Xe-100 is a high-temperature gas-cooled reactor project being developed with Dow Chemical Company at its facility in Seadrift, Texas. TX-1 will produce X-energy's proprietary tristructural-isotropic (TRISO) fuel that will be supplied to Xe-100. Earlier in the year, X-energy awarded Clark Construction Group a $48.2m contract to deliver the core and shell of the 214,812ft² TX-1 building. The current phase shifts progress from groundwork to full-scale construction, which is scheduled for completion by mid-2026. Upon its completion, TX-1 will operate as the first Category II Fuel Fabrication Facility licensed by the US Nuclear Regulatory Commission (NRC), and it will be the first new nuclear fuel facility constructed in the country in more than five decades. The plant Show less Read more
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