US investor targets Britain's ‘nuclear triangle' for mini-nuke factory [Yahoo! Finance]
NuScale Power Corporation (SMR)
Company Research
Source: Yahoo! Finance
Holtec is leading a consortium of investors that includes South Korea's Hyundai planning to build two SMRs a year from the early 2030s. Andy Storer, chief executive of the UK's Nuclear Advanced Manufacturing Research Centre, said the “nuclear triangle” between Warrington, Derby and Sheffield was a likely site for any new factory because the region already had companies and workforces with the engineering skills needed to build nuclear reactors. Up to 16 would be installed around the UK with others exported to the UK's European neighbours. Mr Storer said: “We've just created a nuclear skills academy in Derby, where Rolls Royce also have manufacturing capability. We have Forgemasters in Sheffield which can forge key nuclear components, and we have our own nuclear design centre in Warrington. So this UK region is a likely favourite whichever SMR designs are chosen.” Dame Julia King, a leading UK engineer who has become a paid adviser to Holtec, added: “In the next 10 days, we wi
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- NuScale Power Shows Too Many Red Flags [Seeking Alpha]Seeking Alpha
- NuScale Power: Attractive, Yet High-Risk Nuclear Energy Business [Seeking Alpha]Seeking Alpha
SMR
Sec Filings
- 4/26/24 - Form DEFR14A
- 4/12/24 - Form DEF
- 4/11/24 - Form 8-K
- SMR's page on the SEC website