IBC Advanced Alloys Corp.(TSXV:IB) announced a new agreement with the Massachusetts Institute of Technology. The Company entered the agreement so MIT can carry out research and analyze IBC sponsored beryllium oxide.
As quoted in the press release:
The IBC sponsored research will be led by Dr. Mujid Kazimi, the MIT Tokyo Electric Power Company (“TEPCO”) Professor in Nuclear Engineering. Dr. Kazimi is also an MIT Professor of Mechanical Engineering and the Director of the Center for Advanced Nuclear Energy Systems (“CANES”). Dr. Kazimi is an expert on fuel performance, safety and power density with a substantial body of peer reviewed publications as well as numerous academic awards and nuclear industry honors.
IBC, President and CEO, Anthony Dutton, said:
IBC Advanced Alloys is pleased to be advancing research in nuclear fuel performance by improving both the chemical composition of nuclear fuel, and now the external cladding