03
Nov
19:50
ArcelorMittal invests in TerraPower nuclear tech
Nuclear power developer TerraPower has received a $25 million investment from ArcelorMittal’s XCarb Innovation Fund as part of the company’s larger investment strategy, reports Kallanish.
Founded by Bill Gates in 2008, TerraPower developed its proprietary Natrium, a sodium fast reactor combined with molten salt energy to store power. It is currently building its first Natrium reactor, a TerraPower and GE Hitachi technology, as part of the US Depar…
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