HD Hyundai Executive Vice Chairman Chung Kisun Meets TerraPower, including Chairman Bill Gates, to Discuss Nuclear Supply Chain Cooperation

Core Insights - HD Hyundai and TerraPower are collaborating to expand the global supply chain for the commercialization of Natrium reactors, which are advanced Generation IV small modular reactors [1][3][5] - The Natrium reactor design is recognized for its high thermal efficiency, superior safety, and reduced nuclear waste generation compared to conventional reactors [4][7] - The partnership aims to accelerate the commercialization of Natrium reactors and explore opportunities in developing nuclear-powered vessels [6][7] Company Developments - Executive Vice Chairman Chung Kisun of HD Hyundai met with TerraPower's Bill Gates to review progress on supply chain expansion and future cooperation [1][2] - HD Hyundai has signed a contract to supply reactor vessels for the first Natrium reactor, highlighting its manufacturing capabilities in the small modular reactor sector [5][7] - The collaboration is seen as a pivotal moment for building a global nuclear supply chain and advancing the energy paradigm shift [6][7] Industry Context - The Natrium reactor technology is positioned as a core solution for sustainable future energy, reflecting a shift in the energy landscape [6] - The partnership between HD Hyundai and TerraPower is expected to create significant global market opportunities in the nuclear industry [6][7]