Rolls-royce Share Discussion Threads

[vikingwarrier] 29/4/2024 08:44

To think everytime they want a photoshoot for the media they either do it at JCB or Rolls.

[datait] 29/4/2024 08:44

News should drop anytime soon. looking very good.

[datait] 29/4/2024 08:35

Buys about to take over folks get in fill your boots and big knickers.

[standish11] 28/4/2024 13:48

I have mentioned this before but the approval of the SMR design is in the hands of the regulator. The government may be useless but not (yet) in this case.

[skinny] 28/4/2024 12:54

Another example of 'Broken Britain'.

[pyglet] 28/4/2024 12:41

Many thanks for this Vikingwarrier. This govt clearly does not want the responsibility of ordering a number of potential white elephants.

[thegrafter] 28/4/2024 12:41

I don't have the full article FB but maybe someone else can post the mails article I posted the link too ? I think you get the general drift though ;-))

[cardinal3] 28/4/2024 12:39

Viking

Thanks. Is it any wonder the country is failing when 'The company had been waiting for the outcome of an ongoing SMR design competition in the UK – first announced by the Government in 2015 – before it made a decision on the pressure vessel plant'

What a shambles. You would have thought a) The need for energy security and b) we have the skills- would have given some urgency to the decision making in govt. But no.

[mcunliffe1] 28/4/2024 11:04

I flew Ryanair on a 737-800 yesterday to get to Dublin.
Apart from a very heavy landing nothing went wrong.
Air travel is inherently safe. However, Boeing need to improve upon their quality assurance and the slowdown in planes exiting the production line cannot help RR as some Boeing planes do use our engines.

[vikingwarrier] 28/4/2024 10:10

Rolls-Royce has scaled back plans to build two new factories for its small modular reactor (SMR) programme in the UK, following delays to a government design competition.

The FTSE 100 company had originally proposed one factory to make heavy pressure vessels for its SMRs and another to make the building blocks of the reactors.

It had drawn up a final shortlist of locations for the pressure vessels factory, including the International Advanced Manufacturing Park on the outskirts of Sunderland, Teesworks in Redcar and the Gateway industrial park in Deeside, Wales.

But on Friday Rolls confirmed it no longer intends to proceed with that plan because there is no longer time to build the factory and make the first pressure vessels for the early 2030s, when it hopes to complete its first SMRs.

It is still proceeding with work to build the second factory, however.

The company had been waiting for the outcome of an ongoing SMR design competition in the UK – first announced by the Government in 2015 – before it made a decision on the pressure vessel plant.

But that competition has been repeatedly delayed, with the arms length body Great British Nuclear only formally created last summer and winners not due to be announced until this June at the earliest.

Instead the engineering giant will now buy its heavy pressure vessels from a third party supplier.

The large, metal components sit at the heart of nuclear reactors and must be able to withstand extremely high temperatures and pressures. They are only made by a select group of companies, partly due to the need for specialist welding techniques.

Among their number is now Sheffield Forgemasters, which was nationalised by the Ministry of Defence in 2021.

Earlier this month, Sheffield became the sole UK company to gain the qualifications needed to make SMR reactor vessel components.

Despite having shelved its plans for a heavy pressure vessel factory, Rolls is still pressing ahead with plans to build its second factory, which will build the modular units that make up its SMRs.

It is understood that sites shortlisted for the pressure vessel factory will also be contenders for the second plant but no decisions have been made.

On Friday, a spokesman for Rolls-Royce SMR confirmed the company had now “prioritised work on our modules assembly and test facility”, adding: “Our efforts are focused on identifying the best site to support our deployment at pace.”

The company has also not ruled out reviving its plan for a heavy pressure vessel factory at some point in the future, so long as it manages to build up a healthy pipeline of orders.

A Government spokesman said: “Our world leading SMR competition aims to be the fastest of its kind, helping secure billions in investment for the UK, meaning cleaner, cheaper and more secure energy in the long-term.”

[foreverbull] 28/4/2024 06:23

Thanks, Grafter! Do you have the full article by any chance?

[thegrafter] 28/4/2024 06:00

https://www.mailplus.co.uk/edition/money/investments/355297/10-ways-rishis-75bn-boost-for-britains-defence-budget-can-fire-up-your-finances-too

[thegrafter] 27/4/2024 20:14

Pyglet I suggest you read my post !I haven't mentioned his shares you muppet, only the decision to not build the first SMR factory for the reactor cores/pressure vessels , which will save A LOT of money

[pyglet] 27/4/2024 19:24

Turfan received those shares in lieu of his salary. He didn't pay any of his own money. Read the RNS.

[thegrafter] 27/4/2024 17:36

Another very good move by Turfan , save a shed load of money and Sheffield forgemasters can supply the pressure vessels anyway at a fraction of the cost of building a factory and getting government accreditation! But shows how management feel about the SMR's to be building the modular factory still !! Keep righting off that debt Turfan ;-) https://www.telegraph.co.uk/business/2024/04/27/rolls-royce-plans-build-smr-water-vessel-factory-uk/

[thegrafter] 27/4/2024 14:54

All in all next week should be a good week for us , the Turkish ?? deal should be landing and I would think Boeing will be loosing more investors over to Airbus and RR after that pic !!! Come on Rolls ;-))

[thegrafter] 27/4/2024 14:40

Yes Dave yet more terrible news for Boeing !The X posted pic does not look good , Airbus and Rolls are going to get lots more orders in the future I would think with all these incidents mounting up . Who the hell in their right mind would want to be up in the air in a Boeing plane at the moment ? Not me that's for sure !! https://twitter.com/aviationbrk/status/1783909346935501154/photo/1

[bigbigdave] 27/4/2024 13:54

Boeing 767 Loses Emergency Slide After Departing From New York City

[thegrafter] 26/4/2024 21:46

A350 Production moving upwards !!https://www.flightglobal.com/aerospace/higher-a350-manufacturing-rate-fits-with-original-design-of-production-system-faury/158034.article

[eodfire] 26/4/2024 16:27

Can't keep this down... good luck and well done all holders.

[datait] 26/4/2024 15:59

Sharp spike into the close me thinks 🤑🤑🤑

[datait] 26/4/2024 15:50

News anytime soon 🚀🚀🚀🚀

Not selling anytime soon this is in my pension pot

[thegrafter] 26/4/2024 15:47

Next stop 4.50 ;-)