Nuclea Energy to Acquire Moltex Advanced Nuclear Technology Portfolio

Moltex Energy announced that Nuclea Energy has entered into a definitive agreement to acquire Moltex’s advanced nuclear technology portfolio following a competitive bidding process. The portfolio includes Moltex’s Waste to Stable Salt (WATSS) used nuclear fuel recycling process and related reactor technologies (SSR-W and FLEX), with completion subject to closing conditions including UK National Security and Investment Act 2021 approval.