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Rolls Royce misses out on government funding for their small nuclear reactors

Rolls-Royce Holdings PLC shares faced a blow as X-energy and Cavendish
Nuclear were awarded £3.34 million from the government to build
mini-nuclear reactors in Hartlepool. These funds will aid X-energy and
Babcock International PLC owned Cavendish’s plans to build 12 mini nuclear
generators, known as small modular reactors, in the County Durham town by
the early 2030s.

Proactive Investor 5th April 2024

https://www.proactiveinvestors.co.uk/companies/news/1044518/ora-banda-mining-progresses-riverina-and-sand-king-underground-gold-mines-1044518.html

April 9, 2024 - Posted by | business and costs, UK

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