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Lightbridge Provides Video Demonstration of Co-Extrusion Manufacturing Process for Lightbridge Fuel™ Rods
RESTON, Va., Jan. 06, 2020 (GLOBE NEWSWIRE) -- Lightbridge Corporation (NASDAQ: LTBR), a nuclear fuel developer, today released a video demonstrating its
About this update from Lightbridge Corporation
[{"type":"text","content":"RESTON, Va., Jan. 06, 2020 (GLOBE NEWSWIRE) -- Lightbridge Corporation (NASDAQ: LTBR), a nuclear fuel developer, today released a video demonstrating its co-extrusion manufacturing process using surrogate materials for the production of full commercial length Lightbridge Fuel™ rods for large light water reactors (12-ft. long), as well as for small modular reactors (6-ft. long). The surrogate materials in the demonstration were selected to simulate the flow stresses, temperatures and extrusion pressures expected in the manufacture of actual Lightbridge Fuel™ rods, which utilize a uranium-zirconium alloy.\n The video of the demonstration can be found on the Company’s website at www.ltbridge.com or through its YouTube Channel at https://youtu.be/RaLprOZH1lg. The demonstration of Lightbridge’s fuel manufacturing process utilizes an internally developed and patented high temperature co-extrusion process. Lightbridge Fuel™ is designed to significantly enhance the economics and safety of nuclear power, by extending core life, increasing power output, and lessening the number of refueling outages, while operating about 1000° C cooler than standard oxide fuel. Seth Grae, President & Chief Executive Officer of Lightbridge Corporation, commented, “Through our successful demonstration of the co-extrusion of commercial-length fuel rods with surrogate materials, designed for most water-cooled reactors, we hope to advance our commercialization efforts in what is a growing global nuclear power industry. Recently, the U.S. Congress voted to approve $1.5 billion in appropriations for nuclear energy programs, a record for nuclear energy. We will continue to focus on making progress on our fuel development milestones that we believe will drive long-term shareholder value.” About Lightbridge Fuel™ Lightbridge Fuel™ is designed for existing and new reactors, improving their economics by increasing power output and enabling longer fuel cycles. Lightbridge Fuel™ can add non-carbon-emitting baseload electricity with improved reactor safety. Lightbridge invented and patented this technology and expects to demonstrate its fuel in research reactors in the next several years. About Lightbridge Corporation Lightbridge (NASDAQ: LTBR) is a nuclear fuel technology development company based in Reston, Virginia, USA. The Company develops proprietary next generati...