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Re: News Release - Wednesday, February 25, 2009
International Beryllium Creates Nuclear Fuels Advisory Board and
Names Dr. Alvin Solomon as the First Appointee
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VANCOUVER, BC -- February 25, 2009 - International Beryllium
Corporation (TSX-V: IB) ("IBC") is pleased to announce that it has
created the IBC Nuclear Fuels Advisory board and has appointed Dr.
Alvin Solomon, Professor Emeritus of Nuclear Engineering at Purdue
University, as the board's first member. The mandate of the Nuclear
Fuels Advisory board is to assist IBC in developing and implementing a
long term strategic plan to commercialize the nuclear fuel technology
currently being developed by Purdue and Texas A&M Universities in
partnership with IBC.
IBC signed a collaborative research agreement with Purdue University in
August 2007 to advance the university's existing nuclear fuels research
program and to develop a new type of beryllium oxide nuclear fuel that
has higher thermal conductivity and is therefore potentially longer
lasting, more efficient and safer than current urania-based nuclear
fuels. The objective of the research is to commercially develop a
nuclear fuel for optimal use in both current and future nuclear
reactors.
Dr. Solomon is a highly respected international authority on nuclear
fuels and the leading international expert on high thermal conductivity
uranium oxide beryllium oxide (UO2 -- BeO) nuclear fuels specifically.
His academic career includes undergraduate and graduate degrees at the
University of Illinois followed by a Ph.D. in Materials Science from
Stanford University. After spending five years at Argonne National
Laboratory on nuclear fuels research, he then joined the faculty of
Nuclear Engineering at Purdue University where his pioneering work
caught the attention of both the scientific community as well as the
nuclear power industry as they endeavored to create a safer and more
efficient nuclear fuel.
Dr. Solomon is widely published in a range of highly respected
peer-reviewed scientific journals where his work has been acknowledged
as having important economic and safely implications for the future of
the nuclear industry. Over the course of his long and distinguished Dr.
Solomon has been recognized for his achievements in nuclear materials
developments and applications by being elected a Fellow of the American
Ceramic Society and also being awarded, alongside Dr. Sean McDeavitt of
Texas A&M, the "Best Paper of 1996" by the American Nuclear Society.
"I am delighted to be working with IBC and to support their nuclear
fuels initiative," said Dr. Solomon. "I strongly believe that an
advanced UO2 -- BeO high conductivity fuel could dramatically improve
the safety of nuclear reactors as well as potentially save billions of
dollars annually by running cooler, lasting longer and burning more
efficiently than conventional nuclear fuels. Even though I spent most
of my career in academia," continued Dr. Solomon, "I am acutely aware
that any nuclear fuels development is a long and involved collaborative
effort, and I look forward to working with the nuclear industry and IBC
to make UO2 -- BeO fuel a commercial reality."
"We at IBC are privileged to have the opportunity to work with Dr.
Solomon and the Nuclear Fuels Advisory Board on this exciting and
potentially transformational research into nuclear fuels," said Anthony
Dutton, President and CEO of IBC. "We fundamentally believe that high
conductivity nuclear fuels are the way of the future and will assist
with a more efficient, economically sound and safer nuclear power
industry, both in the fuels processing area and in its utilization and
eventual recycling. By working with Dr. Solomon and the nuclear
community," continued Dutton, "we aim to make UO2 -- BeO fuels
commercially accessible, and to enhance the value of our assets for our
shareholders and the nuclear fuels industry."
About International Beryllium Corporation
International Beryllium Corporation is a global exploration and
development company focused on beryllium, beryllium oxides and
beryllium master alloys. Beryllium and related alloys are used in a
broad range of specialized industrial applications such as nuclear
power, oil and gas, defense, electronics and automotive. International
Beryllium's common shares are traded on the TSX Venture Exchange under
the symbol IB.
For additional information please contact:
International Beryllium Corporation
Anthony Dutton, CEO
(604) 685-6263 ext 111
Email: adutton@internationalberyllium.com
Website: www.internationalberyllium.com
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Copyright (c) 2009 INTERNATIONAL BERYLLIUM CORPORATION (IB) All rights
reserved. For more information visit our website at
http://www.internationalberyllium.com/ or send
mailto:ba@primarycapital.net
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IBC Advanced Alloys Corp
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CODE : IB.V |
ISIN : CA44923T6034 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
IBC Advanced Alloys est une société développant des projet miniers basée au Canada. IBC Advanced Alloys est cotée au Canada. Sa capitalisation boursière aujourd'hui est 2,3 millions CA$ (1,7 millions US$, 1,6 millions €). La valeur de son action a atteint son plus haut niveau récent le 27 mai 2011 à 1,98 CA$, et son plus bas niveau récent le 22 avril 2016 à 0,04 CA$. IBC Advanced Alloys possède 30 350 000 actions en circulation. |