RESTON, Va., April 26, 2017 (GLOBE NEWSWIRE) -- Lightbridge Corporation (NASDAQ:LTBR), a U.S. nuclear fuel technology company, today announced that James Malone, Chief Nuclear Fuel Development Officer, will present at the GAIN Fuel Safety Research Workshop on Tuesday, May 2, 2017 at 4:30 p.m., hosted by Idaho National Lab's (INL) Energy Innovation Laboratory (EIL). The title of the section is: "Fuel Vendor Safety Research Needs to Support Current Light Water Reactor Fuel Designs."
The GAIN Fuel Safety Research Workshop is an invitation-only workshop to gather fuel safety needs from the broad range of nuclear industry. The needs will be analyzed relative to INL's capabilities to help inform program planning and funding. It will also provide a forum to learn about transient testing from a research and regulatory perspective.
About Lightbridge Corporation
Lightbridge (NASDAQ:LTBR) is a nuclear fuel technology company based in Reston, Virginia, USA. The Company develops proprietary next generation nuclear fuel technologies for current and future reactors. The technology significantly enhances the economics and safety of nuclear power, operating about 1000° C cooler than standard fuel. Lightbridge invented, patented and has independently validated the technology, including successful demonstration of the fuel in a research reactor with near-term plans to demonstrate the fuel under commercial reactor conditions. The Company has assembled a world class development team including veterans of leading global fuel manufacturers. Four large electric utilities that generate about half the nuclear power in the US already advise Lightbridge on fuel development and deployment. The Company operates under a licensing and royalty model, independently validated and based on the increased power generated by Lightbridge-designed fuel and high ROI for operators of existing and new reactors. The economic benefits are further enhanced by anticipated carbon credits available under the Clean Power Plan. Lightbridge also provides comprehensive advisory services for established and emerging nuclear programs based on a philosophy of transparency, non-proliferation, safety and operational excellence. For more information please visit: www.ltbridge.com.
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