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2026 Annual Conference
May 31–June 3, 2026
Denver, CO|Sheraton Denver
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X-energy raises $700M in latest funding round
Advanced reactor developer X-energy has announced that it has closed an oversubscribed Series D financing round of approximately $700 million. The funding proceeds are expected to be used to help continue the expansion of its supply chain and the commercial pipeline for its Xe-100 advanced small modular reactor and TRISO-X fuel, according the company.
R. A. MacGregor
Nuclear Technology | Volume 6 | Number 1 | January 1969 | Pages 68-72
Technical Papers and Note | doi.org/10.13182/NT69-A28269
Articles are hosted by Taylor and Francis Online.
Bacterial leaching of uranium ores in the Elliot Lake area has been used as a production method since 1962. Minor amounts were recovered from mine waters prior to this. Uranium in a pyritized quartz pebble conglomerate is oxidized from the tetravalent to the hexavalent state in the presence of bacteria. The bacteria are naturally occurring autotrophs of the Ferrobacillus-Thiobacillus group. The solubilized uranium is then dissolved with water or acid solution and pumped to surface for treatment. Recovery of ammonium diuranate from the resulting acid mine water is carried out in a conventional uranium ion exchange plant. The method produces uranium at low cost from abandoned or caved mine workings. Recovery of thorium and rare earths by the same method is limited only by market conditions.