[Special Stock] 500 Trillion Won Nuclear Decommissioning Market... Wonil TNI Rises on Tritium and Nuclear Waste Facility Supply to KHNP

Wonil TNI shares are showing strong performance. The company's previous business track record with Korea Hydro & Nuclear Power is drawing attention as the 500 trillion won nuclear power plant decommissioning market comes into the spotlight.

As of 10:48 a.m. on the 23rd, Wonil TNI's stock price was up 5.73% from the previous day, closing at 28,600 won. The surge in investor sentiment is attributed to expectations that the company will benefit as the nuclear power plant decommissioning market opens up.

Nuclear power plant decommissioning includes all activities involved in permanently shutting down plant operations, dismantling facilities and sites, or removing radioactive contamination. The process is highly complex, taking at least 15 years, which results in a large market size. According to the Ministry of Trade, Industry and Energy, the cost to decommission a single nuclear power plant is 872.6 billion won. The domestic nuclear decommissioning market is estimated at around 26 trillion won based on 30 plants. According to the International Atomic Energy Agency (IAEA), the global nuclear decommissioning market is expected to reach 500 trillion won by 2050.

Wonil TNI supplies tritium removal facilities and storage and transportation containers for spent nuclear waste to Korea Hydro & Nuclear Power. Tritium is an isotope of hydrogen and a representative radioactive material generated during nuclear power generation.

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