ASP Isotopes (ASPI) said Thursday it has signed a memorandum of understanding with South African Nuclear Energy Corp. to research, develop, and produce advanced nuclear fuels, including high assay low enriched uranium, or HALEU, for small modular reactors.
Financial terms weren't disclosed.
The two parties have been in talks to construct a HALEU production site at South Africa's nuclear research center Pelindaba, the company said.
ASP said it recently struck a term sheet with TerraPower for the latter to provide financing for the development of a HALEU site and to buy HALEU produced at the site.
Shares of the company were down over 4% in recent Thursday trading.
Price: 7.96, Change: -0.37, Percent Change: -4.44
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。