Close Menu
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
What's Hot

Malaysia’s Namewee faces drug charges following Taiwanese influencer’s death

November 3, 2025

Chinese listed companies’ earnings surge on capacity cut, tech self-sufficiency

November 3, 2025

Chinese listed companies’ earnings surge on capacity cut, tech self-sufficiency

November 3, 2025
Facebook X (Twitter) Instagram
Monday, November 3
Facebook X (Twitter) Instagram
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
World Economist – Global Markets, Finance & Economic Insights
Home » Moltex Energy announces first-of-its-kind nuclear waste recycling solution
Business

Moltex Energy announces first-of-its-kind nuclear waste recycling solution

adminBy adminJuly 1, 2007No Comments3 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
Share
Facebook Twitter Pinterest Email Copy Link
Post Views: 94


SAINT JOHN, NB, March 3, 2025 /CNW/ – Moltex Energy Canada Inc. (Moltex) has developed a game changing nuclear waste management technology. Its Waste to Stable Salt (WATSS) process transforms used nuclear fuel into a valuable asset, dramatically reducing waste volumes while unlocking new economic opportunities for nuclear waste owners and utilities.

Moltex is an IP company and nuclear technology leader at the forefront of developing breakthrough technologies for nuclear energy. (CNW Group/Moltex Energy)
Moltex is an IP company and nuclear technology leader at the forefront of developing breakthrough technologies for nuclear energy. (CNW Group/Moltex Energy)

Moltex has successfully validated WATSS on used fuel bundles from a commercial CANada Deuterium Uranium (CANDU) reactor with the support of Canadian Nuclear Laboratories (CNL) following seven years of rigorous development. Today marks a significant moment for nuclear fuel cycle management and advancing next-generation nuclear sustainability.

WATSS: Transforming nuclear waste management

WATSS cuts nuclear waste volumes significantly by converting nuclear waste into clean, dispatchable energy while permanently destroying long-lived transuranic elements, including plutonium.

The Government of Canada’s Strategic Innovation Fund (SIF) and Atlantic Canada Opportunities Agency has supported the development of this technology.

For utilities and governments, this means greater energy security, fuel independence, and a commercially viable alternative to conventional disposal strategies.

“It’s crucial that increased demand for nuclear energy is matched by increased back-end fuel cycle capabilities,” said Rory O’Sullivan, Chief Executive Officer, Moltex Energy. With low complexity, inherent proliferation resistance, and strong economic advantages, WATSS represents the most practical and scalable solution for used fuel recycling, offering a high-impact business case for utilities, governments, and investors looking to capitalize on the next phase of nuclear innovation.

The development of WATSS was also supported by the Province of New Brunswick and NB Power, demonstrating broad industry and government confidence in WATSS as a transformative solution. Engineering partners IDOM and CANDU Energy Inc, an AtkinsRéalis company, have provided critical expertise in advancing this groundbreaking process from concept to commercialization.

Indigenous communities including the North Shore Mi’kmaq Tribal Council New Brunswick are also supportive of the technology having invested in its development.

“The North Shore Mi’kmaq Tribal Council’s investment in Moltex was driven by the potential to make nuclear more sustainable and reduce nuclear waste liability,” said Jim Ward, General Manager, North Shore Mi’kmaq Tribal Council. “Moltex also engaged with us at the earliest stages of the project. We are pleased to see this important milestone being met and look forward to more to come in the future.”

Story Continues

With Moltex’s breakthrough technology, the nuclear industry can now close the fuel cycle—delivering a future of sustainable nuclear power.

To explore how WATSS can transform nuclear waste management, download our full report: Unlocking the Future of Nuclear Fuel Recycling – Moltex Energy

About Moltex

Moltex is an IP company and nuclear technology leader at the forefront of developing breakthrough technologies for nuclear energy. These include the Stable Salt Reactor – Wasteburner (SSR-W) which uses recycled nuclear waste as fuel; a Waste To Stable Salt (WATSS) process for recycling nuclear waste to produce new fuel; and GridReserve thermal energy storage tanks, which enable the SSR-W to act as a peaking plant.

Moltex was selected by NB Power to progress the development of its reactor technology in New Brunswick, Canada, with the goal of deploying first-of-a-kind SSR-W, WATSS and GridReserve units at the Point Lepreau site.

For additional information about this announcement, visit: Moltex Energy Achieves Breakthrough in Nuclear Fuel Recycling with WATSS Technology – Moltex Energy

Media Contact:

Betty Draper
Moltex
bettydraper@moltexenergy.com

SOURCE Moltex Energy

Cision
Cision

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/March2025/03/c6391.html



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
admin
  • Website

Related Posts

Business

Chinese listed companies’ earnings surge on capacity cut, tech self-sufficiency

November 3, 2025
Business

Hong Kong unveils fintech strategy to future-proof the city in AI and tokenisation

November 3, 2025
Business

New World Development offers US$1.9 billion debt swap to boost liquidity

November 3, 2025
Business

Hong Kong stocks rise as trade agreement soothes fears on rare earths, chips

November 3, 2025
Business

Hong Kong dollar bond sales slump amid elevated interest rates

November 3, 2025
Business

HKEX to roll out new weekly options, biotech futures amid trading boom

November 3, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Pakistan eyes 2026 launch for first Chinese submarine in $5 billion arms deal – Pakistan

November 3, 2025

HUBCO’s CPEC-linked Thar power projects reach completion – Markets

November 3, 2025

Prices of essential food items show mixed trend – Markets

November 2, 2025

PEDO, UET sign MoU to work on renewable energy research – Markets

November 2, 2025
Latest Posts

PSX hits all-time high as proposed ‘neutral-to-positive’ budget well-received by investors – Business

June 11, 2025

Sindh govt to allocate funds for EV taxis, scooters in provincial budget: minister – Pakistan

June 11, 2025

US, China reach deal to ease export curbs, keep tariff truce alive – World

June 11, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Recent Posts

  • Malaysia’s Namewee faces drug charges following Taiwanese influencer’s death
  • Chinese listed companies’ earnings surge on capacity cut, tech self-sufficiency
  • Chinese listed companies’ earnings surge on capacity cut, tech self-sufficiency
  • Pakistan eyes 2026 launch for first Chinese submarine in $5 billion arms deal – Pakistan
  • Hong Kong unveils fintech strategy to future-proof the city in AI and tokenisation

Recent Comments

No comments to show.

Welcome to World-Economist.com, your trusted source for in-depth analysis, expert insights, and the latest news on global finance and economics. Our mission is to provide readers with accurate, data-driven reports that shape the understanding of economic trends worldwide.

Latest Posts

Malaysia’s Namewee faces drug charges following Taiwanese influencer’s death

November 3, 2025

Chinese listed companies’ earnings surge on capacity cut, tech self-sufficiency

November 3, 2025

Chinese listed companies’ earnings surge on capacity cut, tech self-sufficiency

November 3, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Archives

  • November 2025
  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • June 2024
  • October 2022
  • March 2022
  • July 2021
  • February 2021
  • January 2021
  • November 2019
  • April 2011
  • January 2011
  • December 2007
  • July 2007

Categories

  • AI & Tech
  • Asia
  • Banking
  • Business
  • Business
  • China
  • Climate
  • Computing
  • Economist Impact
  • Economist Intelligence
  • Economy
  • Editor's Choice
  • Europe
  • Europe
  • Featured
  • Featured Business
  • Featured Climate
  • Featured Health
  • Featured Science & Tech
  • Featured Travel
  • Finance & Economics
  • Health
  • Highlights
  • Markets
  • Middle East
  • Middle East & Africa
  • Middle East News
  • Most Viewed News
  • News Highlights
  • Other News
  • Politics
  • Russia
  • Science
  • Science & Tech
  • Social
  • Space Science
  • Sports
  • Sports Roundup
  • Tech
  • This week
  • Top Featured
  • Travel
  • Trending Posts
  • Ukraine Conflict
  • Uncategorized
  • US Politics
  • USA
  • World
  • World & Politics
  • World Economy
  • World News
© 2025 world-economist. Designed by world-economist.
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.