Westinghouse, small modular reactors, Brookfield, Ring of fire
posted on
Jan 04, 2018 11:52AM
NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)
-last year we got news of China Communication corp ..buying Aecon...
-there was also news of Brookfield buying out Graftech May 18, 2015
https://www.theglobeandmail.com/report-on-business/brookfield-agrees-to-acquire-graphite-maker-graftech-for-546-million/article24482312/
https://agoracom.com/ir/Noront/forums/discussion/topics/697479-outokumpu-brookfield-xstrata
AND TODAY...
It was announced today that Brookfield Business Partners is buying Westinghouse's Global Nuclear Global business for 4.6 billion.....
some history ...below..
http://business.financialpost.com/commodities/energy/brookfield-business-partners-to-buy-westinghouse-for-4-6-billion
Notice DOE (Dept of Energy) funds Babcock & wilcox AND Nuscale .....but not...Westinghouse....
http://www.world-nuclear-news.org/NN-Westinghouse-SMR-progress-slows-210214ST.html
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march 2017
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"SMR development is proceeding in Western countries with a lot of private investment, including small companies. The involvement of these new investors indicates a profound shift taking place from government-led and -funded nuclear R&D to that led by the private sector and people with strong entrepreneurial goals, often linked to a social purpose. That purpose is often deployment of affordable clean energy, without carbon dioxide emissions.
A June 2016 report for the Ontario Ministry of Energy focused on nine designs under 25 MWe for off-grid remote sites. "
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http://ontarioenergyreport.ca/pdfs/MOE%20-%20Feasibility%20Study_SMRs%20-%20June%202016.pdf
page 14
Background
Several SMR vendors have recently established themselves in Canada and initiated dialogue
with the regulator, suppliers, utilities, governments and potential customers in regards to
potential SMR deployment at remote mines. The recent increase in vendor activities have
been noticed by Canadian stakeholders who are now observing the industry developments
closely.
These vendors can be generally grouped into two categories; vendors who are developing
utility-scale SMRs for main grid applications and vendors who are developing very small
SMRs, sometimes called micro-SMRs or vSMRs, for niche market applications such as
remote mines.
The former group includes companies with sizable corporate coffers and advanced R&D
programs, such as mPower, NuScale and Westinghouse"
Ring of Fire reading in the 97 page report can be found on pages 14, 24, 25-29, 78, 80, 88
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