Lightbridge CEO to Participate in Workshop on Nuclear Power in the Middle East
January 03 2019 - 8:00AM
Lightbridge Corporation (NASDAQ: LTBR), a nuclear fuel developer,
announced today that Seth Grae, Chief Executive Officer, will
participate in a workshop on Nuclear Power in the Middle East on
January 11th, 2019 in Abu Dhabi. The Atlantic Council and the
Energy Policy and Security Program at the American University of
Beirut have invited Seth Grae to participate in a panel discussion
entitled “Vendor perspectives on reactor sales and fuel supply.”
The workshop will examine the progress of nuclear power
deployment in the region from the supply and demand sides, as well
as other issues such as fuel cycle activities, economics, small
modular reactors and the potential for technical cooperation.
Participants will include regional and international thought
leaders, industry representatives, and policy makers.
Additionally, Seth Grae, Chief Executive
Officer, will attend The Atlantic Council Global Energy Forum being
held on January 12-13, 2019 in Abu Dhabi. The full list of
speakers is available at:
http://www.acenergyforum.org/speakers/.
About Lightbridge Corporation
Lightbridge (NASDAQ: LTBR) is a nuclear fuel
technology development company based in Reston, Virginia, USA. The
Company develops proprietary next generation nuclear fuel
technologies for current and future reactors, which significantly
enhances the economics and safety of nuclear power, operating about
1000° C cooler than standard fuel. In January 2018, Lightbridge and
Framatome, Inc. formed a 50-50 joint venture, Enfission, LLC, to
develop, license, manufacture, and sell nuclear fuel assemblies
based on Lightbridge-designed metallic fuel technology and other
advanced nuclear fuel intellectual property. Enfission has the
exclusive rights to this technology and is responsible for the
development of manufacturing processes and fuel assembly designs
for pressurized water reactors (PWRs), boiling water reactors
(BWRs), water-cooled small modular reactors, and water-cooled
research reactors developed around this intellectual property. PWRs
and BWRs constitute the most widely used reactor types in the
world. Four large electric utilities that generate about half the
nuclear power in the US already advise Lightbridge on fuel
development and deployment. In addition to distributions from
Enfission based on the parties’ ownership interest in the joint
venture, Lightbridge anticipates receiving future licensing
revenues in connection with sales by Enfission of nuclear fuel
incorporating its intellectual property. Lightbridge also provides
comprehensive advisory services for established and emerging
nuclear programs based on a philosophy of transparency,
non-proliferation, safety and operational excellence. For more
information please visit: www.ltbridge.com.
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Investor Relations Contact: David
Waldman/Natalya Rudman Tel. +1 855-379-9900 ir@ltbridge.com
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