Bluefield Daily Telegraph, Bluefield, WV

Local News

February 22, 2014

TerraVault hopes to bring global administration for used nuclear fuel storage to BSC

BLUEFIELD — TerraVault Inc., a company that according to its website, was founded in 2011, to plan the construction of and operation of a facility for used nuclear fuel, announced on Wednesday that it plans to open its global administrative center in Bluefield.

“We are poised on the brink of a major expansion and Bluefield offers a unique set of qualifications that are necessary to our growth,” Link Murray, TerraVault Inc. chief executive officer, stated in a press release. The website lists TerraVault’s other officer as Dan Brown, vice president, business development. Brown introduced Annulus Games to the area some years ago.

According to the press release, TerraVault selected Bluefield as its administrative center for many reasons including the robotics expertise at Bluefield State College, a readily available workforce, low cost of living and much more.

According to TerraVault’s website, the company was founded in 2011, “to plan the construction and operation of a management facility for used nuclear fuel, offering disposal (permanent storage) or retrievability (temporary storage), if the last option becomes economically sound. The plan also calls for transport of used fuel by waterways rather than road or rail.”

“TerraVault is dedicated to serving the greater good and protecting the planet,” Murray was quoted in the press release as stating. “We look forward to partnering with the whole region in the realization of our goals.

“While we will be starting with a small cadre of personnel, we expect the Administrative Operations Center to grow to over 100 employees locally and provide international employment to over 1,000 people,” Murray stated.

Gerald James, executive director of Bluefield State College’s Research and Development Corporation, said TerraVault “is starting to get traction.” He said that the concept has a potential to grow in the future. “They’re going to be huge,” he said. “They are starting to get funding. I would expect there to be several more press releases regarding them in the future.”

TerraVault will be opening the initial office in the BSC Research & Development Corporation Building, according to the press release.

— Contact Bill Archer at barcher@bdtonline.com

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