Lightbridge Corporation announces it has engaged Institutul de Cercetri Nucleare Piteti, 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.
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