Small Modular Reactors

Russia / Company Pays $100 Million For Gold Mining Licence, With Commitment To Use Nuclear Power

By David Dalton
13 October 2021

Contract says reactor is to be ready for operation by 2028
Company Pays $100 Million For Gold Mining Licence, With Commitment To Use Nuclear Power
A computer-generated image of a proposed SMR plant for Yakutia in Russia. Courtesy Rosatom.
A company has paid more than $100m to win an auction for a licence to mine gold at the Kyuchus deposit in Arctic Russia – with one of the conditions the construction of a small modular reactor to provide power to the area.

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