Global Infrastructure SherpaJapan and Canada establish strategic roadmap for nuclear energy cooperation, including SMR development and fuel cycle resilience
Japan and Canada have officially incorporated nuclear energy collaboration into their newly unveiled strategic roadmap, focusing on SMR development and deployment, fuel cycle and supply chain resilience, and research and safety standards harmonization. The agreement targets pilot SMR projects in both countries by 2030, leveraging Canada's uranium reserves and Japan's advanced reactor engineering expertise. A new $500 million joint fund will support collaborative R&D on next-generation reactors and enhance safety protocols.
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Counterparts (4)
Partner
ARC Clean Technology
ARC Clean Technology is a Canadian nuclear energy technology company founded in 2006, specializing in the development and deployment of the ARC-100, an advanced small modular reactor (SMR). Headquartered in Saint John, New Brunswick, the company focuses on providing safe, sustainable, and economically competitive clean energy solutions, with initial deployment plans in Canada.
Hitachi
Hitachi, Ltd. is a multinational conglomerate headquartered in Tokyo, Japan, founded in 1910. With over 320,000 employees globally, it provides a wide range of products, services, and solutions across IT, energy, industry, mobility, and smart life sectors, playing a significant role in global infrastructure development and digital transformation.
Mitsubishi Heavy Industries
Mitsubishi Heavy Industries (MHI) is a Japanese multinational engineering, electrical equipment and electronics company headquartered in Tokyo. MHI is involved in a wide range of industries, including power systems, industry and infrastructure, aircraft, defense, and space.
Terrestrial Energy
Terrestrial Energy is a Canadian nuclear technology developer focused on the Integral Molten Salt Reactor (IMSR) for industrial and utility-scale clean energy. The company is advancing its 195 MWe IMSR-400 design through regulatory processes in Canada and the United States, targeting deployment for electricity generation and industrial heat applications.
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Canada and Japan are fast-tracking their nuclear ambitions with a new $500 million joint fund dedicated to next-generation reactor R&D and safety. This collaboration strategically pairs Canada's significant uranium reserves with Japan's advanced reactor engineering, bringing in key players like Mitsubishi Heavy Industries, a diversified engineering giant. The partnership aims for pilot SMR projects in both countries by 2030, a clear signal to accelerate deployment and enhance global fuel cycle resilience. With ARC Clean Technology, Hitachi, and Terrestrial Energy also involved, this deal sets a concrete path for future energy security.
- $500 million joint R&D fund established.
- Target for pilot SMR projects in both countries by 2030.
- Leverages Canada's uranium reserves and Japan's engineering expertise.
- Involves ARC Clean Technology, Hitachi, Mitsubishi Heavy Industries, and Terrestrial Energy.
Timeline
Announced
Mar 12, 2026
Signed
Closed
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