PBMR project update – December 6, 2005

ByRod Adams

South Africa’s PBMR (Pty) Ltd has signed two contracts with Mitsubishi Heavy Industries of Japan. One contract – worth $10 Million US – is for the long lead time items and forgings required for the Core Barrel Assembly for the demonstration PBMR project planned for the Koeberg site in Western South Africa. The second contract – worth approximately $5 Million US – is for professional services related to the detailed design of the Core Barrel Assembly.

In other PBMR news, the company has a meeting scheduled on December 12, 2005 with the US Nuclear Regulatory Commission to discuss its pre-application plans. Details about the meeting, which is open to the public, can be found on the NRC web site at http://adamswebsearch2.nrc.gov/idmws/doccontent.dll?library=PU_ADAMS^PBNTAD01&ID=053320263:5

Rod Adams

Rod Adams is Managing Partner of Nucleation Capital, a venture fund that invests in advanced nuclear, which provides affordable access to this clean energy sector to pronuclear and impact investors. Rod, a former submarine Engineer Officer and founder of Adams Atomic Engines, Inc., which was one of the earliest advanced nuclear ventures, is an atomic energy expert with small nuclear plant operating and design experience. He has engaged in technical, strategic, political, historic and financial analysis of the nuclear industry, its technology, regulation, and policies for several decades through Atomic Insights, both as its primary blogger and as host of The Atomic Show Podcast. Please click here to subscribe to the Atomic Show RSS feed. To join Rod's pronuclear network and receive his occasional newsletter, click here.

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