other material
confidence high
sentiment positive
materiality 0.60
Lightbridge and Centrus sign FEED study contract for pilot fuel fabrication facility in Ohio
LIGHTBRIDGE Corp
- Contract signed at COP28 for front-end engineering and design study for Lightbridge Pilot Fuel Fabrication Facility at American Centrifuge Plant in Piketon, Ohio.
- Study will identify infrastructure, licensing, cost, and construction schedule; expected completion in 2024.
- Centrus subsidiary to lead study; facility would produce HALEU-based fuels for existing and new reactors.
- Partnership aims to support U.S. pledge to triple nuclear power by 2050.