A Breakthrough in Nuclear Waste Cleanup

Secretive Startup Offers Nuclear Waste Solution

By
Tuesday, August 3rd, 2010

Glass has been on the minds of many lately.

For a while yesterday, “Gorilla Glass” was the most popular search trend on Google, after Corning (NYSE: GLW) began touting the shelved 1962 invention.

Until now, there's been no market for the super-strong glass that's hard to break, dent, or scratch, and that's three times stronger than chemically strengthened soda-lime glass when half as thick.

Analysts say the product is about to undergo a multi-billion dollar bonanza as electronics companies buy tons of it to make frameless TVs thinner than a dime.

And that's not even the most exciting glass story hitting the wire...

Secretive startup turns nuclear waste into glass

Bill Gates has said we need “energy miracles.” And he's poured millions into developing a nuclear reactor that can run on depleted uranium for up to 100 years without fueling.

As Gates works on the reactor side, another company is taking on the waste.

Kurion, widely described as a secretive startup, has developed a way to store nuclear waste in glass or ceramics through a process called vitrification.

The technology could bring the United States into the 21st century regarding nuclear waste. (We've been doing it the same way — with the same worries — for over half a century.)

And the company has street cred: CEO John Raymont spent 25 years at a nuclear waste management company that was acquired by EnergySolutions (NYSE: ES) in 2007, and VP of technology is Gaetan Bonhomme, formerly of glass behemoth Saint-Gobain.

The advisory board counts both Patrick Moore — founder of Greenpeace — and former Governor Christine Todd Whitman as members.

In a very real and profitable way, nuclear energy is entering a new era. If Obama's $58 billion in loan guarantees to build new plants didn't give it away, the presence of names like Gates, Whitman, and Moore should.

And while you can't get a piece of Gates' venture, TerraPower, or Kurion just yet, I've found an equally exciting opportunity that everyone can get a piece of — but that's being suppressed by major news outlets.

Nuclear's next big name

Only a few companies are unequivocally associated with nuclear power: Areva and Westinghouse, to name two.

The next company that'll reach this status trades for just $0.65, and only a handful of well-informed investors are paying attention to it.

But the three things I'm about to tell you will soon give it a very high profile; a Bloom-Energy-on-60-Minutes type profile.

First, it's signed on with a well-known nuclear company to manufacture and distribute portable nuclear reactors. They can be taken almost anywhere on a flatbed truck to create large amounts of power in remote or grid isolated locations.

Second, it's signed an exclusive deal with a Chinese nuclear corporation to sell nuclear desalination reactors on a global scale, and has already received interest from dozens of countries.

Third, the company will soon be listed on a major U.S. exchange, like the NASDAQ or NYSE.

But the biggest catalyst of all — the one that could send this stock from penny oblivion to a household name — is the one that no news source is fully reporting.

And that's why I've penned a full investor briefing on the company.

I want you to learn about changes coming to the nuclear industry. I want you to learn about what the media isn't telling the public.

But most importantly, I want you to learn more about this company before the story is blown wide open.

Call it like you see it,

Nick Hodge

Nick


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Editor's Note: From solar and wind to geothermal and biofuels, Green Chip readers want to know which renewable energy resource will take over where fossil fuels leave off. The answer is...all of the above!

There is no one single solution to today's energy crisis. However, the combination of all viable renewable energy resources, coupled with energy efficiency, conservation and smart grid development will not only lead us to energy independence and a cleaner, more sustainable energy infrastructure — but also to what will soon prove to be the greatest investment opportunity of the 21st Century.







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Comments:

Comment by Brian McGee on 2010-08-04
Vitrification is anything but a new concept. For DECADES vitrification has been a proposal for "storing" nuclear waste and like all other alternatives for storage, it has its drawbacks.

Comment by Mary Ann Trombold on 2010-08-05
Vitrification has been used for several years at the Hanford site(most polluted in the world) in eastern Washington. The plan was to encase the material (which has been stored in tanks which now are leaking next to the Columbia River.) leftover from our bomb production in this glass....by vitrification but expense always rules the day, it seems.
Were you unaware of this activity which has been going on for several years?
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