![[moltex-logo.png|300]] Company website: [https://www.moltexenergy.com/](https://www.moltexenergy.com/) ### Introduction Moltex Energy was founded in 2014 by Ian Scott and John Durham, emerging from research into molten salt reactor designs to address challenges in nuclear waste and energy costs. Headquartered in Saint John, New Brunswick, Canada, with operations in the UK through MoltexFLEX, the company's mission is to develop revolutionary nuclear technologies that deliver clean, low-cost energy by recycling nuclear waste, enabling renewables, and producing heat for hydrogen, ultimately transforming the global energy landscape to combat climate change and reduce energy poverty. Key focus areas include advancing stable salt reactors for waste-burning, fuel recycling processes, and thermal energy storage to provide dispatchable clean power; Moltex emphasizes inherently safe, cost-effective designs using proven components to enable rapid commercialization, with applications in electricity generation, industrial heat, and waste management, supporting international deployment through subsidiaries like MoltexFLEX in the UK. ### Key Products and Technology - **Stable Salt Reactor – Wasteburner (SSR-W)**: A 300 MWe molten salt fast reactor using recycled nuclear waste as fuel; features include convection-cooled static fuel tubes, low-pressure operation for inherent safety, high efficiency with fast neutron spectrum, and modular design; applications in generating clean electricity from waste, reducing long-lived radioactive waste, and providing baseload power at costs competitive with fossil fuels. - **WAste To Stable Salt (WATSS)**: A recycling process converting used uranium oxide fuel into molten salt reactor fuel; features non-aqueous electrochemical separation, extraction of hazardous materials without proliferation risks, and compatibility with SSR-W; applications in transforming nuclear waste into valuable fuel, minimizing waste volume by up to 90%, and closing the fuel cycle for sustainable energy. - **FLEX Reactor**: A compact, convection-cooled molten salt reactor developed by MoltexFLEX; features flexible output from 5-15 MWth, high-temperature operation for efficiency, inherent safety without active cooling, and deployable in remote or grid-limited areas; applications in industrial heat supply, hydrogen production, desalination, and microgrid power for mining or communities. - **GridReserve Thermal Energy Storage**: Series of insulated tanks storing excess thermal energy; features long-duration storage up to weeks, integration with renewables and nuclear, and dispatchable heat release; applications in balancing intermittent renewables, providing peak power, and enhancing grid stability for clean energy systems. ### Team and Leadership - **Rory O'Sullivan, Chief Executive Officer**: Leads Moltex Energy Canada since 2018, previously COO in the UK from 2015; background in nuclear engineering and operations; oversees technology development and commercialization. - **Ian Scott, Founder and Chief Scientist**: Co-founded Moltex in 2014; expertise in nuclear physics and reactor design, inventor of SSR technology; directs scientific research and innovation. - **John Durham, Co-founder**: Co-founded with Ian Scott in 2014; focuses on business strategy and partnerships; background in energy sector management. - **David Landon, Chief Executive Officer of MoltexFLEX**: Leads UK subsidiary since its establishment; 20 years in nuclear industry, building teams for reactor development; oversees FLEX reactor commercialization. - **John Mauti, Board Member**: Provides financial and strategic oversight; expertise in corporate governance. - **Xabier Ruiz, Board Member**: Contributes to international expansion; background in energy policy. - **José Emeterio Gutiérrez, Board Member**: Supports technology commercialization; experience in nuclear engineering. ### Recent News and Developments (2025) | Date | Event | Details | |------|--------|---------| | June 20, 2025 | Unveils Breakthrough in Nuclear Waste Recycling | Presented advancements in WATSS process at Canadian Nuclear Society Conference, demonstrating fuel recycling potential for SSR-W. | | April 14, 2025 | Initiates Pre-Licensing for WATSS Process | Submitted to Canadian Nuclear Safety Commission for vendor design review of waste recycling technology. | | March 3, 2025 | Achieves Breakthrough in WATSS Validation | Successfully validated recycling process on used CANDU fuel, extracting hazardous materials for clean energy production. | ### Partnerships and Collaborations - **SNC-Lavalin (AtkinsRéalis)**: Strategic partnership since 2022, ongoing in 2025 for SSR development, engineering support, and WATSS validation. - **Canadian Nuclear Laboratories (CNL)**: Collaboration on fuel development and WATSS research, with joint projects funded through CNRI. - **IDOM**: Engineering partnership for WATSS process validation and reactor design support. - **Ontario Power Generation (OPG)**: Collaboration on recycling CANDU fuel for SSR-W, studying clean energy solutions. - **Atlantic Clean Energy Alliance**: Joint establishment for advancing clean energy technology in New Brunswick. - **Jacobs**: Partnership for reactor technology development and deployment. - **Argonne National Laboratory**: Collaboration on advanced recycling tech via GAIN awards. ### Closing Note As a privately held company in the development stage with CAD $47.5 million in government funding and recent breakthroughs in waste recycling, Moltex Energy is poised for commercialization by the late 2020s, leveraging partnerships to deploy SSR-W reactors and address global clean energy demands. *Report generated July 28, 2025*