Enfission Announces Addition of Lawrence Mercier to Board of Directors
June 20 2019 - 8:00AM
Enfission LLC, a joint venture of Lightbridge
Corporation (NASDAQ: LTBR) and Framatome, today announced
the addition of Lawrence Mercier to the Company’s Board of
Directors. Mrs. Mercier will also continue to service as
Vice-President of Project Integration at Enfission.
Seth Grae, CEO of Enfission, noted, “We are
pleased to welcome Lawrence to Enfission’s board, as one of the
initial architects and key founders of Enfission. Since joining
Enfission, Lawrence has played a key role in structuring and
integrating the components of the company’s partners and members in
the United States and Europe to advance the Genesis project. We
look forward to her continued contributions as an important member
of the board. Additionally, we are grateful to Pierre Beaudoin for
his service on the board and wish him well in his new
ventures.”
Mrs. Mercier stated, “I am honored to serve on
the Enfission Board of Directors, bringing my experience as the
Company prepares to reach significant milestones. I look forward to
working with our CEO and other Directors to help drive Enfission to
become a major player in the nuclear fuel assembly supply
market.”
Mrs. Mercier brings more than 30 years of
industry experience, including deep expertise as a materials
specialist, including extensive research related to alloys for the
aeronautics, naval and other industries. In addition to her roles
with Enfission, she also serves as Deputy Head of Fuel Strategy for
the Framatome Fuel Business Unit headquartered in Lyon, France. In
her current role with Framatome, she has been heavily involved in
technology transfer and joint-venture projects, such as
Framatome-Siemens, as well as extensive activities in the United
States and across Asia. Mrs. Mercier is also chairwoman of the
World Nuclear Association (WNA) Working Group in Nuclear Fuel
Design and Fabrication and has been a member of the WNA for more
than 15 years. She is also member of the International
Association for the Protection of Intellectual Property. She also
graduated from the Centre for International Intellectual Property
Studies (CEIPI) in Strasbourg, France.
About Enfission
Enfission is a US-based 50-50 joint venture
between Lightbridge Corporation and Framatome. Enfission was
established January 25, 2018 to complete the development,
regulatory licensing, and commercial deployment worldwide of
nuclear fuel assemblies based on multi-lobe metallic twisted fuel
technology. Enfission will produce Lightbridge Fuel™ assemblies
initially for operators of U.S. commercial nuclear power plants,
then follow with production of Lightbridge Fuel™ assemblies for
other types of reactors and for markets around the world.
Enfission Contact:
David Waldman/Natalya Rudman Tel. +1 855-379-9900
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