TerraPower accelerates transition to net zero: How are ASX uranium stocks placed?

Highlights TerraPower raised US$750 million for research and development in the nuclear technology space.

Once developed, Natrium™ Reactor and Integrated Energy Storage are expected to be amongst the first commercial advanced nuclear technologies.

Process Heat technology can convert low-rank coals into high-value coal oils and low-cost carbon fibre.

ASX-listed companies like Deep Yellow and Boss Energy are developing projects that are expected to make a major contribution to net-zero carbon emissions. In a recent development, multi-billionaire Bill Gates-backed TerraPower raised nearly US$750 million to develop and innovate possibilities of nuclear science in the field of safe and abundant carbon-free energy . The project is also inclined to research and develop new nuclear medicinal isotopes. Out of this US$750 million, South Korea’s leading energy provider SK Group invested US$250 million.TerraPower in collaboration with the government, international organisations, government laboratories, and private sector entities, is working on clean energy to curb […]

Click here to view original web page at kalkinemedia.com

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.