South Korea launches construction of a new research reactor

South Korea launched construction of a 15 MWt nuclear research reactor at a ceremony in late April. This new reactor aims to enable Korea to become self-sufficient in the production of medical and industrial radioactive isotopes, while aiming to supply more than 15% of the global isotope market.

Share:

Subscribe for unlimited access to all energy sector news.

Over 150 multisector articles and analyses every week.

Your 1st year at 99 $*

then 199 $/year

*renews at 199$/year, cancel anytime before renewal.

The Korea Atomic Energy Research Center (KAERI) held a ceremony to mark the start of construction of a 15 MWt open-tank-in-pool research reactor on April 28. Approximately 150 people from Daewoo E&C, Hyundai E&C and GS E&C, as well as the construction project management team, attended the event.

The new research reactor aims to achieve self-sufficiency as well as exports of important medical and industrial radioactive isotopes that currently depend on imports. This includes molybdenum-99, iodine-131 mIBG, iodine-125 and iridium-192. KAERI said it expects to supply more than 15% of the global isotope market. In addition, the reactor will serve as a demonstration for the export of similar research reactors.

Project launched in April 2012

The project, with a total cost of 765 billion won (US$574 million), was launched in April 2012. A construction license for the reactor was granted by the Nuclear Safety and Security Commission (NSSC) in May 2019, with selection of the construction consortium in April 2022.

Earthworks and excavation work began the following month. Completion of the facility and operational testing is scheduled to begin in 2026. KAERI said it expects to obtain operating permits from the NSSC and begin full operation of the facility in 2027.

“Getting closer to people’s health and lives.”

Speaking at the ceremony to mark the start of KJRR’s construction, KAERI President Joo Han-kyu said, “If nuclear power has been the engine of the country’s economic growth in silence, now we will get closer to people’s health and lives with radiation and isotopes.”

The construction of the new research reactor is expected to position Korea as a major player in the global medical and industrial radioactive isotope market and help strengthen its expertise in nuclear technology.

Nano Nuclear Energy has signed a memorandum of understanding with Dioxitek, Argentina’s only uranium supplier for nuclear fuel, to assess the development of local conversion and enrichment capacities.
Stockholm plans to restart uranium extraction by lifting the 2018 ban, aiming to secure strategic supply chains and support domestic nuclear electricity production.
The French Atomic Energy Commission has signed a letter of intent with start-up Calogena to study the installation of a 30 MW thermal small nuclear reactor at its Cadarache site.
A Guidehouse Research report anticipates strong growth in the global nuclear modular reactor market, with revenues rising from $375.8 million in 2025 to $8.1 billion in 2034.
KHNP, Doosan, POSCO and Samsung C&T join US partners to develop 5 GW of modular reactors, expand uranium enrichment and build an 11 GW energy complex in Texas.
The US Department of Energy is creating an industrial consortium to accelerate domestic enriched uranium production and reduce reliance on foreign imports ahead of the Russian supply ban in 2027.
The kamikaze drone damaged an auxiliary transformer at the Kursk plant, halving the output of its only reactor in operation, according to Rosatom and the International Atomic Energy Agency.
The four production units at the Gravelines nuclear power plant, shut down in mid-August by a massive jellyfish incursion, are back online, restoring the site’s full capacity.
enCore Energy Corp. has completed a $115 million fundraising through convertible notes maturing in 2030, strengthening its financial capacity for upcoming operations.
Vattenfall advances its nuclear project in Sweden by selecting two modular reactor suppliers, GE Vernova and Rolls-Royce SMR, for a potential installation on the Värö Peninsula.
NANO Nuclear Energy has been selected to compete in the final round of xTechSearch 9, a US Army initiative aimed at identifying high-potential dual-use technology solutions.
Aalo Atomics completes Series B funding, bringing its total to USD 136 million, to build its first modular nuclear power plant dedicated to data centers.
The Malaysian government initiates a national assessment on nuclear energy feasibility, targeting regions facing energy supply constraints and integrating international regulatory requirements.
The merger between Premier American Uranium and Nuclear Fuels reaches a key milestone following final approval of the arrangement plan by the Supreme Court of British Columbia.
TVA, Google, and Kairos Power formalize an agreement to connect an advanced reactor to the grid, supporting data center energy growth and reinforcing the U.S. nuclear industry.
The U.S. Department of Defense has signed an agreement with X-energy to develop a commercial nuclear microreactor intended to power sensitive military infrastructure.
With cash reserves multiplied sevenfold in nine months, NANO Nuclear intensifies development of its KRONOS MMR and positions itself in the Canadian and U.S. modular nuclear markets.
Equinix signed a preorder for 20 Kaleidos nuclear microreactors and a letter of intent for a power purchase agreement with ULC-Energy, reinforcing its energy supply strategy for its data centers.
The U.S. Department of Energy selects Oklo and its subsidiary Atomic Alchemy for three pilot reactor projects aiming for criticality before July 2026.
The United States Department of Energy has selected eleven companies to build experimental nuclear reactors by July 2026, under a programme aimed at meeting rising electricity demand.

Log in to read this article

You'll also have access to a selection of our best content.

or

Go unlimited with our annual offer: $99 for the 1styear year, then $ 199/year.