Idaho Strategic Resources, Inc. announced it has signed a Memorandum of Understanding (MOU) with Clean Core Thorium Energy, Inc. (CCTE). This partnership aims to evaluate the feasibility of thorium mining and processing.
The evaluation will also cover other relevant supply chain steps for CCTE's ANEEL fuel. ANEEL fuel is an advanced nuclear fuel composed of thorium and high assay low-enriched uranium (HALEU), designed for use in pressurized heavy water reactors (PHWRs).
This collaboration highlights Idaho Strategic's proactive approach to exploring potential end-uses and strategic partnerships for the critical minerals it aims to discover, particularly in the advanced nuclear energy sector.
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