ArcelorMittal Invests $25 Million In Breakthrough Nuclear Power Innovator TerraPower

ArcelorMittal said Thursday it has invested $25 million in nuclear innovation company TerraPower through its XCarb® Innovation Fund. The investment is part of an $830 million equity raise TerraPower has concluded, which is the largest private raise among advanced nuclear companies.

TerraPower, which was founded by Bill Gates...