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X-energy invests $8M to double graphite production capacity

First publishedAug 3, 11:12 UTC
Last updatedAug 3, 14:22 UTC · 4m ago
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X-energy invests $8M to double graphite production capacity
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X-energy invests $8M to double graphite production capacity ROCKVILLE, Md. (NASDAQ:XE) announced Monday a binding agreement with SGL Carbon to double production capacity for medium-grain isotropic graphite, a material used in the company’s Xe-100 high-temperature gas-cooled reactor.

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X-energy invests $8M to double graphite production capacity ROCKVILLE, Md. (NASDAQ:XE) announced Monday a binding agreement with SGL Carbon to double production capacity for medium-grain isotropic graphite, a material used in the company’s Xe-100 high-temperature gas-cooled reactor. X-energy will invest up to $8 million in milestone-based payments to support new facilities and equipment upgrades at SGL’s site in Chedde, France. The expansion will enable the facility to produce graphite billets for up to eight new Xe-100 reactors per year, according to a press release statement.

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X-energy invests $8M to double graphite production capacity ROCKVILLE, Md. (NASDAQ:XE) announced Monday a binding agreement with SGL Carbon to double production capacity for medium-grain isotropic graphite, a material used in the company’s Xe-100 high-temperature gas-cooled reactor.
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    X-energy invests $8M to double graphite production capacity

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