Proactiveinvestors recommends
Additional Information
Market: TSX-V
Sector: Manufacturing
EPIC: IB
Latest Price: 0.08  (-11.76% Descending)
52-week High: 0.28
52-week Low: 0.08
Market Cap: 17.79M
1 year chart
digital-look imported chart image
1 day chart
digital-look imported chart image
IBC Advanced Alloys Corp
www.ibcadvancedalloys.com/s/Home.asp

IBC Advanced Alloys Corp. is an integrated manufacturer and distributor of beryllium based alloys and related products serving a variety of industries including nuclear energy, automotive, telecommunications and a range of industrial applications.

Full IBC Advanced Alloys Corp profile here
Pdf

IBC Advanced Alloys Files Patent For Beryllium-Containing Nuclear Fuel

29th Sep 2010, 4:22 pm
IBC Advanced Alloys Files Patent For Beryllium-Containing Nuclear Fuel

Vancouver-based IBC Advanced Alloys (TSX-V: IB), a manufacturer of beryllium-based alloys, announced today that Purdue University has filed a patent for the design of a high thermal- conductivity nuclear fuel, developed under a research program funded by IBC.

According to research done by Purdue and Texas A&M University, the nuclear fuel, made from a mix of uranium oxide and beryllium oxide, is more efficient, safer, and less costly, compared to conventional nuclear fuels.

Under its research agreement with Purdue and Texas A&M University, IBC has the option for an exclusive license to the nuclear fuel technology.

It seems likely that IBC will exercise the option, since the company has previously expressed that the research program was intended to produce a commercially viable nuclear fuel.

Jim Malone, IBC’s Vice President of the Nuclear Fuels unit, said IBC is looking to partner with another company to continue researching the technology.  According to Mr. Malone, utilities, regulators, and fuel makers have been increasingly receptive to high thermal conductivity nuclear fuels.

Being a manufacturer and distributor of beryllium, a crucial material in the nuclear fuel, IBC stands to benefit significantly if the design is accepted by the nuclear industry.

No investment advice

The Company is a publisher and is not registered with or authorised by the Financial Services Authority (FSA). You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.