Moltex strengthens MOU with NSMDC, participates in SMR workshop series

Saint John, New Brunswick (Wednesday, June 16, 2021) – Moltex Energy is grateful for the opportunity to participate in a workshop series hosted by the North Shore Micmac District Council (NSMDC). The workshops, which will take place on June 16, 17, 28 and July 14, are designed to inform NSMDC’s strategic plan to support the development of Small Modular Reactors (SMRs) in New Brunswick, including enabling opportunities for local First Nations communities. 

The first workshop, which will focus on industry collaboration, will include presentations from Moltex, NB Power and ARC Clean Energy, among others. The second workshop will focus on the supply chain and the third and fourth workshops will be dedicated to analyzing the findings and developing a strategic multi-year plan. 

“This is a fantastic initiative that will allow NSMDC to develop a plan that considers industry needs and supply chain capabilities,” said Rory O’Sullivan, Chief Executive Officer, Moltex Energy. “We are thrilled to be included and will continue doing all we can to ensure First Nations benefit from the development and deployment of SMRs in New Brunswick.” 

Moltex and NSMDC have a strong partnership, which was formalized in February 2020 when the two organizations signed a Memorandum of Understanding (MOU) to work collaboratively on the development and implementation of Moltex’s SMR technology, while identifying and enabling employment and economic opportunities for First Nations in New Brunswick.  

“Moltex understands the importance of early engagement with First Nations,” said James Ward, General Manager, NSMDC. “We entered into an MOU with Moltex because of our shared desire to fight climate change by advancing new, clean energy technologies. We are also both committed to creating long-term, well-paid jobs for First Nations youth, and unlocking new revenue streams for First Nations businesses and communities.” 

First Nations support is critical to business success is New Brunswick, and Moltex welcomes engagement with all local First Nations Tribal Councils and communities.   

Media contact:  

Erin Polka
Director of Communications
Moltex Energy

About Moltex:  

Moltex Energy is a privately held company striving to solve the world’s most critical challenge: providing sufficient clean, reliable and affordable energy. In collaboration with innovators and energy experts, the company is developing a small modular reactor that will help keep fossil fuels in the ground. Moltex was selected by NB Power and the Government of New Brunswick to progress development of its reactor technology in New Brunswick, Canada, with the aim of deploying its first reactor at the Point Lepreau site by the early 2030s. 

About NSMDC:

The North Shore Micmac District Council Inc. (NSMDC) is a not-for-profit First Nations Tribal Council with a head office located in Natoaganeg (Eel Ground), New Brunswick. NSMDC was formed in 1987 to serve the communities of Eel Ground, Eel River Bar, Metepenagiag, Pabineau, Fort Folly, Indian Island and Buctouche First Nations. Since inception, NSMDC has delivered services and programs related to technical services (housing and infrastructure); water and wastewater operation and training; Aboriginal Aquatic Resources and Oceans Management (AAROM); post-secondary education; training, employment and skills development; emergency planning and preparedness; financial advisory services; child and family services; community development advisory support; traditional ecological knowledge; and First Nations engagement.

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