24/7 Market News Snapshot 12 February, 2025 – Lightbridge Corp. (NASDAQ:LTBR)

February 12, 2025

DENVER, Colo., 12 February, 2025 (247marketnews.com) – (NASDAQ:LTBR) are discussed in this article.
Lightbridge Corporation has recently experienced a noteworthy surge in its stock value, reflecting heightened investor interest and confidence in its advanced nuclear fuel technology. The company saw its shares rise by an impressive 23.58%, reaching $13.396 from the previous close of $10.84, with a trading volume of approximately 1.80 million shares. This significant increase highlights a positive market sentiment towards Lightbridge’s innovative approaches in the nuclear energy sector.

This momentum coincides with a major milestone achieved by Lightbridge in collaboration with the Idaho National Laboratory (INL). The company successfully completed a co-extrusion demonstration utilizing a distinctive alloy of depleted uranium and zirconium, which is encased in high-grade zirconium alloy cladding. This notable achievement is a key component of the Strategic Partnership Project Agreement with Battelle Energy Alliance, the entity that operates INL. The produced cylindrical rod, measuring about 8 feet in length, marks an essential step in Lightbridge’s efforts to develop its proprietary Lightbridge Fuel™.

Moving forward, Lightbridge and INL will conduct thorough analyses of the co-extruded sample to verify extrusion process parameters. Future plans include the use of enriched uranium for additional samples that are slated for irradiation testing at INL’s Advanced Test Reactor. This testing is crucial for verifying the advanced fuel’s performance capabilities and will play a vital role in the regulatory licensing process for its commercial introduction.

Dr. Scott Holcombe, Vice President of Engineering at Lightbridge Corporation, emphasized that this successful demonstration showcases the collaborative efforts propelling the company’s progress. With these advancements, Lightbridge reaffirms its commitment to enhancing global energy security and promoting nuclear energy as a clean, sustainable resource for future generations.

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