Lightbridge Corporation (LTBR)

[77Port]

CANDU.

It's not HALEU, it's Canadian fuel, involving Canadian reactors across Europe. I suppose it makes some sense, letting the Europeans test it out prior to opening plants here.

https://www.ltbridge.com/investors/news-events/press-releases/detail/399/lightbridge-launches-engineering-study-to-assess

October 17, 2023

Engages Institutul de Cercetari Nucleare Pite?ti, a subsidiary of Regia Autonoma Tehnologii Pentru Energia Nucleara (RATEN ICN) in Romania

@PITE?TI, Romania and RESTON, Va., Oct. 17, 2023 (GLOBE NEWSWIRE) -- Lightbridge Corporation (Nasdaq: LTBR), an advanced nuclear fuel technology company, is pleased to announce it has engaged Institutul de Cercetari Nucleare Pite?ti, a subsidiary of Regia Autonoma Tehnologii pentru Energia Nucleara (RATEN ICN) to perform an engineering study to assess the compatibility and suitability of Lightbridge Fuel™ for use in CANDU reactors. This assessment will cover key areas including mechanical design, neutronics analysis, and thermal and thermal-hydraulic evaluations. The findings from the engineering study will play an important role in guiding future economic evaluations and navigating potential regulatory licensing-related issues.
What are CANDU Reactors?
Canada Deuterium Uranium (CANDU) reactors, initially designed in Canada during the 1960s, use natural-uranium fuel and heavy water as both a moderator and coolant. Unique in their design, they can be refueled while operating at full power. This contrasts with US reactors that require shutdown during refueling. CANDU is the standard for Canadian nuclear power and is also used in Argentina, China, Indi Korea."