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Stock impact report

Lightbridge Provides Business Update and Announces First Quarter 2024 Financial Results

Lightbridge Corporation (LTBR) 
US:NASDAQ Investor Relations: ir.ltbridge.com
Company Research Source: GlobeNewswire
RESTON, Va., May 09, 2024 (GLOBE NEWSWIRE) -- Lightbridge Corporation (“Lightbridge”) (Nasdaq: LTBR), an advanced nuclear fuel technology company, announced its financial results for the first quarter ended March 31, 2024, and provided an update on the Company’s continued progress. Seth Grae, President & Chief Executive Officer of Lightbridge Corporation, commented, “Lightbridge has achieved a significant milestone under our strategic partnership project agreement at Idaho National Laboratory (INL). INL demonstrated the production of a partial-length rod sample using an alloy of depleted uranium and zirconium. INL and Lightbridge will work together to analyze the extruded rod to confirm the extrusion process parameters prior to performing additional extrusions using an alloy of depleted uranium and zirconium materials later this year. Next year, we plan to produce coupon samples for irradiation testing in the Advanced Test Reactor at INL using an alloy of enriched uranium and zirco Show less Read more
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