Market Chatter: South Korea to Terminate Kori-4 Nuclear Reactor Operations

MT Newswires Live

Aug 06

South Korea plans to conclude the operations of the Kori-4 nuclear reactor at 2 pm on Wednesday, since it has ended its lifespan, Yonhap News reported the same day, citing Korea Electric Power (KRX:015760) subsidiary Korea Hydro & Nuclear Power (KHNP).

The 950,000-kilowatt reactor, which began operations in 1985, is being decommissioned as scheduled, the report said.

The Nuclear Safety and Security Commission is currently reviewing a KHNP application to alter operations of the Kori-4 reactor for its continued use, it said.

Shares of Korea Electric Power jumped more than 7% at market close.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"5VC.SI","symbol_name":"KORI控股","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2557323999","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2557323999","pubTimestamp":1754463431,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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