Recently, as carbon-neutral energy sources become increasingly important worldwide, SMRs (Small Modular Reactors), which offer significantly enhanced safety, versatility, and mobility compared to conventional nuclear reactors, are gaining attention as a viable alternative. SMR generally refers to small modular reactors with a power output of 300 MWe or less. Unlike conventional reactors, SMRs are characterized by an all-in-one design where peripheral systems and equipment are all integrated into the reactor itself, leading to enhanced reliability and durability. Additionally, the nuclear fuel reloading cycle is significantly extended compared to traditional reactors, resulting in a substantial reduction in maintenance difficulty and costs. Researchers have taken note of these characteristics of SMRs, particularly the extended fuel reloading cycle. Therefore, we have initiated the initial design of an ultra-small Micro Modular Reactor with an electricity generation capacity of 10 MWe and a fuel cycle of up to 55 years, with the goal of using it as a propulsion power source for various transportation modes, especially ships. Our design of MMR, called ‘ARA,’ is primarily distinguished by its use of U233 and Th232 fuels instead of conventional UO2 fuel. Due to various features of ‘ARA,’ including different fuel compositions, ARA is predicted to exhibit several characteristic features compared to conventional PWRs. In this study, among these characteristics, we focused on predicting changes in material composition within the fuel rod during the extended cycle operation of high-enriched fuel, rather than short-cycle operation using low-enriched fuel, unlike conventional reactors. The primary goal of this research is to observe the behavior of the composition of the materials used in the fuel cycle of the MMR, which utilizes U233 and Th232 fuels instead of UO2. Considering the difficulties in the spent nuclear fuel disposal process, many different trials were made to minimize the fission products of ARA, which differs from conventional reactors in terms of fuel type, size, and fuel cycle, in relation to waste generation.