141 Aufrufe 141 0 Kommentare 0 Kommentare

    NANO Nuclear and the Namibian Government Sign Memorandum of Understanding to Develop Namibian Domestic Nuclear Fuel Supply Chain Infrastructure

    New York, N.Y., June 20, 2025 (GLOBE NEWSWIRE) -- NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), a leading advanced nuclear energy and technology company focused on developing clean energy solutions, today announced the signing of a Memorandum of Understanding (MoU) with the Namibia Industrial Development Agency (NIDA) to explore collaborative opportunities focused on developing the domestic nuclear fuel supply chain infrastructure within the Republic of Namibia.

    The MoU represents a shared vision between NANO Nuclear and NIDA to add significant value to the country’s uranium resources, support industrial development, and create new opportunities for Namibian citizens within the global nuclear energy market. With Namibia already ranked among the world’s top uranium producers, the collaboration aims to help position the country as a key player in the emerging secure and diversified global nuclear fuel supply chain.

    Figure 1 -NANO Nuclear Energy Inc. Chief Executive Officer James Walker and Richwell Lukonga, Chief Executive Officer of the Namibia Industrial Development Agency following the signing of the MoU.

    “This first step with NIDA reflects our long-term commitment to helping NIDA build a stable, localized, and internationally respected nuclear fuel supply chain in Namibia,” said James Walker, Chief Executive Officer of NANO Nuclear. “We are proud to work alongside Namibia to ensure that its natural resources can power not only domestic progress but also global energy resilience.”

    Under the MoU, NANO Nuclear and NIDA will work together to evaluate opportunities related to the development of infrastructure, technology transfer, education, job creation, and local workforce development in support of Namibia’s national nuclear energy development goals. NIDA will help coordinate government and stakeholder engagement, while NANO Nuclear will lead assessments related to industrial capability, fuel logistics, and potential international nuclear fuel supply contracts for NIDA.

    “This collaboration with Namibia highlights our mission to position the Company as a leader in the global clean energy transition and reinforces our strategic intent to secure the resources necessary to fuel the future of nuclear energy in the United States and abroad,” said Jay Yu, Founder and Chairman of NANO Nuclear. “NANO Nuclear brings the advanced nuclear expertise and commercial vision that align well with NIDA’s development mandate. Through education, infrastructure, and responsible industrial development, this collaboration will unlock meaningful opportunities for the Namibian people while supporting NANO Nuclear’s broader strategy to de-risk and decentralize the nuclear fuel supply chain.”

    Seite 1 von 4 




    globenewswire
    0 Follower
    Autor folgen

    Verfasst von globenewswire
    NANO Nuclear and the Namibian Government Sign Memorandum of Understanding to Develop Namibian Domestic Nuclear Fuel Supply Chain Infrastructure New York, N.Y., June 20, 2025 (GLOBE NEWSWIRE) - NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), a leading advanced nuclear energy and technology company focused on developing clean energy solutions, today announced the …