Polish copper and silver producer KGHM Polska Miedź SA's plan to construct a power plant based on NuScale Power's small modular reactor has been approved by the Ministry of Climate and Environment.

Oklo is to go public by merging with AltC Acquisition Corp - co-founded by Oklo chairman Sam Altman - in a deal which values the company at USD850 million.

Danish climate tech fund Climentum Capital and Swedish social developer Granitor Growth Management are investing EUR2 million (USD2.2 million) into Swedish small modular reactor project development company Kärnfull Next AB.

The Ontario government announced it is working with Ontario Power Generation to begin planning and licensing for three additional GE Hitachi Nuclear Energy BWRX-300 small modular reactors, for a total of four, at the Darlington plant site.

Westinghouse Electric Company has submitted the first set of documents to the Canadian Nuclear Safety Commission for the pre-licensing vendor design review of its eVinci microreactor.

The Danish developer of floating Compact Molten Salt Reactors, Seaborg, has decided to change the fuel type for the initial power barges to low-enriched uranium "due to the risks associated with developing a sufficient supply of high-assay low-enriched uranium" to meet its planned timeline.

A public-private partnership comprised of 42 state-run and private entities has been created to advance Korea's small modular reactor sector. The alliance aims to establish plans to revitalise the country's SMR industry within the next year.

NB Power, in partnership with ARC Clean Technology Canada Inc, has submitted an environmental impact assessment registration document and an application for a site preparation licence for an advanced small modular reactor at the existing Point Lepreau nuclear site.

The joint report by the Canadian Nuclear Safety Commission and the US Nuclear Regulatory Commission establishes a common regulatory position on tristructural isotropic fuel qualification, for use in the licensing of advanced reactor and small modular reactor technologies.

The International Atomic Energy Agency last year launched a new initiative aimed at accelerating the safe and secure deployment of advanced nuclear reactors, with a particular focus on small modular reactors. A plenary meeting of the Nuclear Harmonization Standardization Initiative has now been held to take stock of progress already achieved and to set priorities for the year to come.

Steady Energy aims to build the world's first district heating plant featuring its LDR-50 small modular reactor by 2030. The company - which has been spun out from the VTT Technical Research Centre of Finland - has raised EUR2 million (USD2.2 million) in seed funding led by VTT, Yes VC and Lifeline Ventures.

Norsk Kjernekraft has signed a letter of intent with TVO Nuclear Services - a consulting company wholly owned by Finnish utility Teollisuuden Voima Oyj - to jointly investigate the deployment of small modular reactors in Norway.