South Korea's HanmiGlobal plans U.S. unit for SMR projects

HanmiGlobal, a South Korean company, is setting up a U.S. subsidiary to develop small modular reactors (SMRs) that will meet the booming electricity needs of American data centers. This strategic move aims to connect South Korean nuclear technology suppliers with the rapidly expanding demand for clean, reliable power in the U.S. The initiative could significantly bolster South Korea's global nuclear market share and help address growing concerns over sustainable energy sources. This development also underscores the increasing global focus on innovative nuclear solutions to meet modern energy demands.