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SASKATCHEWAN AND HITACHI SIGN NUCLEAR R&D AGREEMENTS

Released on August 25, 2011

Innovation Minister Rob Norris today joined with Mr. Hiroto Uozumi, President of Hitachi-GE Nuclear Energy, Ltd. and Mr. Taiji Yoshida General Manger of Hitachi, Ltd. to announce $10 million in funding for two Memorandums of Understanding (MOUs) that will facilitate and support research collaborations in nuclear medicine, materials science, nuclear safety and small reactor design.

"Almost six months ago Premier Wall announced our new research centre for nuclear medicine and materials science at the University of Saskatchewan and today I'm pleased to announce a new partnership with Hitachi Ltd, Hitachi-GE Nuclear Energy, Ltd. (Hitachi-GE), GE-Hitachi Nuclear Energy Americas LLC (GEH) and Global Nuclear Fuel - Americas LLC, (GNF-A) to further establish Saskatchewan as a leader in nuclear science and medicine," Norris said.

Innovation Saskatchewan will provide $5 million over the next five years to support R&D activities pursuant to the MOUs in collaboration with Saskatchewan-based research institutions including the University of Saskatchewan, the University of Regina, the Saskatchewan Research Council and the Canadian Light Source Synchrotron. The Hitachi Group, including its alliance with General Electric will match Saskatchewan's contribution.

The new research partnership will leverage Hitachi's successful development and commercialization of proton beam therapy technologies and Saskatchewan's world class research facilities such as the Canadian Light Source Synchrotron to investigate the development of new nuclear medicines and nuclear imaging technologies.

Nuclear safety will be another major research priority as Hitachi and Innovation Saskatchewan consider research proposals pursuant to the MOUs.

Another area of interest to both Saskatchewan, Hitachi-GE, GEH and GNF-A is research into the reclamation of unused uranium fuel rods.

Under the MOUs, Innovation Saskatchewan will also work with Hitachi-GE, GEH and GNF-A on research into the design and feasibility of small reactor technologies although any decision on whether to pursue nuclear power in Saskatchewan is still many years away.

Today's $10 million investment in nuclear R&D builds on announcements by the Governments of Canada and Saskatchewan this year to invest $30 million for the establishment of a new centre for research in nuclear medicine and materials science, $17 million for the establishment of a Centre for Innovation in Cyclotron Science, $12 million to support innovative research in the production of life saving medical isotopes and $10.1 million for the development of Saskatchewan's first PET/CT facility for diagnosis and treatment of cancer and heart disease at the University of Saskatchewan.

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For more information, contact:

Yuichi Izumisawa
Hitachi, Ltd.
Phone: 81-3-5208-9324
Email: yuichi.izumisawa.by@hitachi.com

Mickey Takeuchi
Hitachi America, Ltd.
Phone: 914-352-5800
Email: masayuki.takeuchi@hal.hitachi.com  

Rebecca Rogoschewsky
Executive Council
Regina
Phone: 306-787-0980
Email: Rebecca.Rogoschewsky@gov.sk.ca 

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