The Government of Canada has committed C$11mm to low-emission energy technologies, including the advancement of small modular reactors (SMRs) and hydrogen projects. This is set to increase the demand for helium, an essential component in nuclear technologies. This investment in SMRs, which is crucial for achieving net-zero emissions by 2050, will drive the need for helium, especially considering its critical role in the functioning and safety of nuclear reactors. This increasing demand aligns with Canada's broader strategy to enhance its helium sector and maintain its leadership in global energy markets.
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See AllGE Hitachi has signed a contract for the deployment of a BWRX-300 small modular reactor (SMR) with Ontario Power Generation, SNC-Lavalin,...
The Canadian Government recently announced investments in helium exploration in Canada. This has started with the funding of C$3mm for...
The Critical Minerals Processing Investment Incentive (CMPII) is a new program set to be announced as part of Saskatchewan's 2024-25...
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