M&A / Property
First Hydrogen begins SMR technical research

FHYD · Price
Executive Summary
- First Hydrogen Corp. has initiated a technical research partnership with the University of Alberta, led by Dr. Muhammad Taha Manzoor, to identify non-radioactive surrogate molten-salt fuel mixtures for Small Modular Reactors (SMRs).
- The research aims to mimic the thermophysical behavior of uranium-bearing fuel salts to guide future R&D steps, including lab setup, test planning, and supplier engagement, without using uranium in this initial phase.
- The initiative is designed to derisk future R&D and align with First Hydrogen’s long-term vision of providing clean energy for data centers, AI infrastructure, and green hydrogen production.
Key Details
- Partnership: Collaboration between First Hydrogen Corp. and the University of Alberta.
- Lead Researcher: Dr. Muhammad Taha Manzoor.
- Objective: Identify and recommend non-radioactive surrogate molten-salt fuel mixtures for use in future lab-scale prototypes.
- Scope of Work:
- Comprehensive review and consultative process to select candidate surrogate mixtures.
- Detailed analysis to identify suitable molten-salt mixtures for SMRs.
- Assessment of availability and procurement options, including potential supplies, tariffs, export controls, and regulatory requirements.
- Technical Focus:
- Surrogates will mimic the thermophysical behavior of uranium-bearing fuel salts and base molten-salt mixtures.
- Prioritization of mixtures suitable for near-term lab evaluation and early prototype development.
- No uranium used in this phase.
- Strategic Context:
- Molten-salt fuels offer efficient heat transfer, inherently safer operating conditions, stability at high temperatures/low pressures, and enable smaller, modular reactor designs.
- Aligns with First Hydrogen’s vision to pair firm, clean energy with data centers, AI, and green hydrogen production.
- Cites IEA report "Energy and AI" estimating data center electricity consumption to grow from 415 TWh in 2024 to 945 TWh by 2030.
Notable Quotes
- Dr. Muhammad Taha Manzoor: "We are excited to officially kick-start this project on molten-salt fuels with First Hydrogen. We intend to bring in world-class researchers and incorporate low-hazard approaches into our lab-scale experimentation while supporting First Hydrogen's future objectives for molten-salt fuels in SMRs."
- Balraj Mann, CEO of First Hydrogen: "This non-radioactive work helps us derisk future R&D by identifying practical surrogate salts for lab prototypes. It is the first step that aligns with our longer-term vision of pairing firm, clean energy for data centres, AI [artificial intelligence], green hydrogen production while also providing a source of fuel for use in all SMRs."
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