[Featured Stock] Orbitech Highlights Urgent Nuclear Waste Issue Ahead of 'Pro-Nuclear Power'... Related Treatment Technology Gains Attention↑

[Asia Economy Reporter Jang Hyowon] Orbitech is showing strong performance. It is interpreted that the stock is gaining attention as a related stock amid news that a pro-nuclear power policy is impossible without solving the nuclear waste problem.

As of 9:23 AM on the 9th, Orbitech is trading at 7,700 KRW, up 250 KRW (3.36%) compared to the previous trading day.

The Yoon Seok-yeol administration, launching on the 10th, is pushing to abandon the phase-out nuclear power policy. However, if the nuclear power operation rate is extended, the saturation point of nuclear waste will come sooner.

Accordingly, the industry expects the next government to simultaneously promote the installation of related facilities such as permanent disposal facilities and dry storage facilities.

Earlier, the EU included nuclear power in its green taxonomy, attaching conditions such as securing a high-level radioactive waste disposal site and using accident-resistant nuclear fuel.

Meanwhile, Orbitech was selected in 2017 by the Korea Atomic Energy Research Institute as a specialized company in source dismantling waste treatment technology, one of the core technologies related to radiation contamination removal.