HD Hyundai Teams Up with TerraPower to Develop Core Equipment for SMRs
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HD Hyundai has partnered with TerraPower to develop core equipment for Small Modular Reactors (SMRs), specifically manufacturing reactor vessels for a Sodium Fast Reactor (SFR) in Wyoming, USA, by 2030. This collaboration highlights the growing focus on SMRs as a safe, carbon-free power source.
December 20, 2024 | 6:45 am
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HD Hyundai has secured a project with TerraPower to manufacture reactor vessels for Sodium Fast Reactors, enhancing its position in the SMR sector.
The partnership with TerraPower positions HD Hyundai as a key player in the SMR market, potentially increasing its market share and revenue in the nuclear energy sector. The focus on safety and reduced nuclear waste aligns with global energy trends, likely boosting investor confidence.
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