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Holtec Signs Strategic Cooperation Agreement with Utah and Hi Tech Solutions to Deploy Nuclear SMRs

LCG, May 1, 2025--Holtec International (Holtec) announced the signing on April 29 of a strategic cooperation agreement with the State of Utah and Hi Tech Solutions, a leading nuclear services provider based in Kennewick, Washington, to collaborate in the deployment of Holtec's SMR-300s (small modular reactor) in Utah and the broader Mountain West region. Hi Tech will play a leading role in the project development and workforce training to support the rise of new nuclear power generation in the region.

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EPA and Texas Railroad Commission Sign Memorandum of Agreement for Permitting Geologic Storage of Carbon Dioxide

LCG, April 29, 2025--Officials from the U.S. Environmental Protection Agency (EPA) and Texas Railroad Commission (RRC) signed a memorandum of agreement (MOA) today outlining the state’s plans to administer programs related to carbon storage wells, known as Class VI wells. The MOA signing is a required step in the RRC’s application to be granted authority to permit Class VI wells in the state of Texas. EPA is currently preparing a proposed approval of RRC’s primacy application.

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Industry News

AES to Power Congo Magnesium Project

LCG, Sept. 13, 2000A Canadian company that refines magnesium and AES Corp., the big U.S. independent power producer, have signed an agreement for an AES subsidiary to take care of the energy end of a project to develop a magnesium project in West-Central Africa.

William B. Burton, president and chief executive of Magnesium Alloy Corp. of Nova Scotia, said in a statement yesterday that AES Sirocco would be responsible for the entire energy program, beginning with feasibility studies and continuing through construction and operation of energy facilities.

Magnesium Alloy is in the early stages of development of the Kouilou Magnesium Project at Pointe-Noire in the Republic of Congo. The project will produce magnesium metal and alloys at what is said to be one of the world's richest magnesium salt deposits.

The Republic of Congo is a portion of the former French Equatorial Africa. It is frequently confused with the Democratic Republic of the Congo which is the former Belgian Congo and was called Zaire for a time. Neither country can be considered politically stable.

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