US nuclear technology company TerraPower has announced two key agreements, one with Hyundai Engineering & Construction (HDEC) and one with SK Innovation, to develop and commercialise its Natrium reactor technology across the US, South Korea and select international markets.
The agreements were announced during a visit to South Korea by TerraPower founder and chairman Bill Gates and TerraPower president and chief executive officer Chris Levesque. They met with prime minister Han Seong-sook and leaders from the Export-Import Bank of Korea, HD Hyundai, HDEC and SK Innovation.
Following a day of meetings in Seoul, TerraPower announced a framework agreement with HDEC to support the commercial deployment of Natrium reactors.
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