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Bechtel Exits TerraPower Natrium Nuclear Project in Wyoming

By Stocks Desk · · Updated 2026-09-21 21:29 UTC
A large industrial construction site with heavy machinery and steel frameworks.
Illustration: Tradingbird, based on a photo published by WyoFile

Bechtel is exiting the Natrium project in Wyoming due to a failed agreement on next-phase terms, triggering a WARN notice for approximately 200 potential job cuts. Despite the split, TerraPower maintains that construction will proceed on schedule for a 2031 commercial launch, with Hyundai Engineering & Construction positioned as a key contractor for future units.

  • American Nuclear Society reports that Bechtel filed a WARN notice indicating potential layoffs of up to 200 staff, with cuts expected by mid-November. The company is aiming to mitigate these reductions by reassigning employees to other nuclear projects while it remains on-site to finish the sodium test facility.

    Source: American Nuclear Society
  • TerraPower says construction continues on schedule despite Bechtel's exit, with a new contractor to be selected for the remaining phases.

    Source: WyoFile
Based on reporting by WyoFile and American Nuclear Society, compiled by the Tradingbird desk.

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