Lightbridge Surges 28% as New Study Highlights Safety Gains Over Traditional Nuclear Fuel

Lightbridge Corporation (Nasdaq: LTBR) announced compelling new research at the TopFuel 2024 Conference, presenting independent MIT and SIA studies that showcase the safety and performance benefits of its advanced Lightbridge Fuel™ in nuclear reactors.

Key Findings:

• MIT Study: Simulations within NuScale’s Small Modular Reactor reveal that Lightbridge Fuel operates at notably lower temperatures than conventional nuclear fuel, enhancing safety margins and enabling potential power increases.
• SIA Study: Under DOE’s GAIN grant, SIA analysis indicates Lightbridge Fuel maintains reduced cladding temperatures and oxidation under accident scenarios, positioning it as a safer alternative to standard uranium dioxide fuel.
• Lightbridge Testing: Experimental trials confirmed Lightbridge Fuel could endure over 24 hours without water flow while retaining its structural integrity—an endurance conventional fuel lacks under such conditions.

Next Steps:
Lightbridge is advancing its plans for in-reactor testing at Idaho National Laboratory’s Advanced Test Reactor, a strategic move toward regulatory approval and broader commercial deployment.