HD Hyundai Executive Vice Chairman Chung Kisun Meets TerraPower, including Chairman Bill Gates, to Discuss Nuclear Supply Chain Cooperation

2025.08.22

▶ Company leaders reunited in Seoul five months after their March meeting in the U.S.; reviewed supply chain expansion and commercialization progress
▶ HD Hyundai to supply reactor vessels, a key component of Natrium® reactors which are recognized for its superior safety and technological maturity
▶ Chung Kisun: “This will mark a turning point in building a global nuclear supply chain and advancing the energy paradigm shift.”
▶ Chris Levesque: “Partnering with HD Hyundai, we aim to accelerate commercialization of Natrium reactors and create global market opportunities.”

…

TerraPower’s Natrium reactors, a Generation IV small modular reactor (SMR) sodium-cooled fast reactor (SFR) design with built-in energy storage, are regarded as one of the most advanced SMRs in existence. It offers high thermal efficiency, superior safety, and generates about 40% less nuclear waste compared to conventional reactors, making it widely recognized for its technological maturity and safety advantages.

Leveraging its expertise and manufacturing capabilities in SMRs, HD Hyundai has signed a contract to supply TerraPower with the reactor vessels for the first Natrium reactor*. The existing MOU allows companies to explore expanding the supply chain for Natrium reactors to support the global commercialization of the Natrium technology.

…

Meanwhile, HD Hyundai is also stepping up efforts to develop nuclear-powered vessels, including its work with TerraPower on molten salt reactor (MSR) technologies for potential applications in the shipbuilding sector.