U.S. ships nuclear equipment to China for new Molten Salt Reactors

U.S. Nuclear Corp recently shipped $493,000 worth of advanced tritium monitoring equipment to Shanghai, China, for the next generation of Molten Salt Reactors (MSRs) that are currently under development.

"This order was one of our most complex tritium monitoring systems designed and built by our Overhoff team,” Robert I. Goldstein, president, CEO and chairman of Overhoff Technology, said. “It also represents the largest sized shipment to any of our MSR clients in China during the second quarter and allows us to grow our footprint in the country. We are pleased they chose our Overhoff equipment recognized worldwide for its high quality, reliability and durability. MSR studies have shown that it is an effective and safe method of producing low cost, very high output energy to meet today's ever growing energy demands." 

Currently, investors are seeking out the Chinese market above all others.

"China is leading the way in MSR technology as many firms plan on investing over a hundred billion dollars into nuclear energy projects by 2020,” Goldstein said. “The impetus is driven by China's severe pollution problem, predominantly from coal burning. The economic loss due to pollution in China is estimated by the World Bank at almost 6 percent of GDP, and chronic, widespread smog leads to health problems and social ills. Our customers in China understand what is at stake; they have taken major steps with investment dollars in developing leading edge Molten Salt Reactors (MSRs) that are designed to produce clean, low to zero carbon emissions, high output, efficient energy and have selected our advanced tritium monitor equipment and detectors as part of their overall comprehensive solution."

Overhoff Technology has customers across the Americas.

"During the second quarter, we received new orders from our nuclear energy customers in Argentina, Canada and in the U.S.,” Goldstein said. “The majority of these orders are for tritium-related equipment such as Tritium Process Monitors, and Portable Tritium in Air Monitors.”