The total cost of Unit 3 and Unit 4 of Kudankulam Nuclear Power Plant, each with a capacity to produce 1,000 megawatt, is Rs. 39,894 crore. NEW DELHI: Construction work at Unit 3 of Kudankulam Nuclear Power Plant in Tamil Nadu started today. The project, in collaboration with a Russian company, is likely to be completed in …
UEX Corporation (UEX:TSX) (“UEX” or the “Company”) is pleased to announce that summer drilling is underway at the Christie Lake Project. The summer program consists of a two-phase exploration drilling program with a combined budget of up to $2.5 million with the sole goal of expanding the high-grade Ōrora Deposit discovered during the winter 2017 …
As the federal budget process plods along, MOX continues to receive mixed signals from lawmakers. Also known as the Mixed Oxide Fuel Fabrication Facility, the MOX project continues to make progress, its exterior facade largely completed. Unofficial estimates place facility completion between 70 and 75 percent. Mixed Oxide is becoming a mixed bag, however, with …
Uranium production, prices, and employment all fell in the United States in 2016, according to data from the U.S. Energy Information Administration (EIA). From 2014 and 2016, production of uranium concentrate decreased to 2.9 million pounds U3O8 in 2016, which is the lowest annual total since 2005. Production remained low in 2017, totaling 0.45 million …
Numis Securities analyst Justin Chan tells Proactive’s Andrew Scott the cut in production by Kazakhstan – the world’s top uranium producer – earlier this year did have an impact on the price – albeit temporarily.
When the market recovers, the uranium industry won’t need a tax break. But it does now, industry representatives say.Citing low prices and employment, the Wyoming Mining Association will make the case for a state tax cut on uranium when lawmakers meet Thursday in Casper. The cuts worked once before, they say. In the early ‘90s, …
Russian nuclear monopoly Rosatom plans to further increase the volume of its uranium supplies to the US in the coming years, as the company considers the US market as strategic for its further development. Currently export portfolio of Rosatom includes 25 contracts on the supplies of uranium to the US, with a total value of …
SYDNEY, June 22 (Xinhua) — A nuclear debate is heating up in Western Australia on Thursday, after the state government informed three uranium mining companies that their approval licenses will expire if their sites are not operational within five years.The newly formed State Government’s clarification on its policy has followed on from an election promise …
South Korean president Moon Jae-in has used the permanent shutdown of Kori unit 1 to outline his intended nuclear energy phase-out policy. He said no new reactors would be planned and existing units will not operate beyond 40 years. Moon addresses the Kori 1 closure ceremony (Image: presidential website)Kori 1 is a 576 MWe pressurized water …
Rusatom Overseas, a division of Russian State-owned atomic corporation Rosatom, on Monday signed a project development agreement (PDA) with Zambia, paving the way for a preliminary feasibility study into the proposed construction of a nuclear power plant. The signing took place during the yearly international nuclear forum Atomexpo 2017. Rosatom also signed several agreements with Zambian …