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'Rwanda Signs Deal With US Nuclear Firm For Mini-Reactors' - Barron's

Author: Benzinga Newsdesk | August 14, 2024 10:46am

https://www.barrons.com/news/rwanda-signs-deal-with-us-nuclear-firm-for-mini-reactors-9862c5c9?refsec=topics_afp-news

 

 

Rwanda said it signed Wednesday an agreement with a US company to further develop nuclear energy by constructing mini-reactors in the East African country.

Under the memorandum of understanding, Nano Nuclear Energy Inc will provide technical assistance, training and education, as well as build an unspecified number of small modular reactors (SMRs) and microreactors, the Rwanda Atomic Energy Board (RAEB) said.

Construction of the SMRs and microreactors would take place in the "next few years", Nano Nuclear CEO James Walker told a press conference in Rwanda, foreseeing a "very smooth path towards a very developed civil nuclear programme".

Posted In: NNE

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