Lightbridge Corporation has entered into a Joint Development Agreement with Areva NP to assess establishing a joint venture this year for the development, manufacture and commercialization of fuel assemblies based on Lightbridge's "next generation" metallic nuclear fuel technology. The parties will share the cost of the work scope to be performed under the JDA, with Areva contributing in-kind for its share of the costs.
http://www.world-nuclear-news.org/UF-Lightbridge-and-Areva-join-forces-on-metallic-nuclear-fuel-16031601.html
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