Congress approves nuclear energy funding for FY2021

The US Congress voted to approve appropriations for fiscal year 2021 that includes USD1.5 billion for the Department of Energy’s Office of Nuclear Energy. The appropriations also include USD150 million to initiate the uranium reserve programme to address challenges to the production of domestic uranium. The Consolidated Appropriations Act of 2021, approved by Congress on 21 …

T.EFR Applauds $75 Million Launch of the U.S. Uranium Reserve in Bipartisan 2021 Omnibus Spending Bill

LAKEWOOD, Colo., Dec. 22, 2020 /CNW/ – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) (“Energy Fuels” or the “Company”), the largest uranium miner in the U.S., applauds the bipartisan, bicameral launch of the U.S. uranium reserve, as $75 million of funding was included in the omnibus appropriation bill passed by both houses of Congress last …

V.ISO Announces Closing of $4 Million Bought Deal Private Placement of Flow-Through Shares

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Vancouver, BC, December 22, 2020 – IsoEnergy Ltd. (TSX.V: ISO) (“IsoEnergy” or the “Company”) is pleased to announce that it has closed its previously announced bought deal private placement financing pursuant to an agreement with Haywood Securities Inc. (the “Underwriter”), raising …

Pilot operation stage started at the first power unit of Belarus NPP

On December 22, 2020 the pilot operation stage started at Belarus NPP power unit 1 of III+Gen with VVER-1200 reactor (ROSATOM’s Engineering Division is the General Designer and the General Contractor), as specialists started a gradual reactor power increase up to the rated power. A permit to proceed to this stage was issued by the …

New stimulus bill includes $35.2 billion for new energy initiatives

The new economic stimulus proposal that has been approved by Congress includes roughly $35.2 billion for energy initiatives, according to summary documents seen by TechCrunch. “This is probably the biggest energy bill we’ve seen in a decade,” said policy analyst Dr. Leah Stokes, an Assistant Professor at the Bren School of Environmental Science & Management …

Canada sets out actions needed to commercialise SMRs

The Canadian government has released a national Small Modular Reactor (SMR) Action Plan, which responds to the 53 recommendations identified in the country’s SMR Roadmap that was launched in November 2018. The plan lays out the next steps for the development, demonstration and deployment of SMRs for multiple applications at home and abroad. According to …

T.EFR: Environmental and Social Responsibility Key Priorities for Energy Fuels; Sustainability Report Now Available on Company Website

LAKEWOOD, Colo., Dec. 21, 2020 /CNW/ – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) (“Energy Fuels” or the “Company”) is pleased to announce it has published its Sustainability Report, along with its Climate Change Policy, Human Rights Policy and Vendor Code of Conduct, which together with its other policies describe the Company’s ongoing commitment to the …

T.UEX Announces 2021 Exploration Program on Three Projects Work Underway at the Huggins Lake and Michael Lake Targets

Saskatoon, Saskatchewan, December 21, 2020 – UEX Corporation (TSX:UEX) (“UEX” or the “Company”) is pleased to announce the Company’s 2021 preliminary exploration plans at the Hidden Bay, West Bear, and Christie Lake Projects, located in the eastern Athabasca Basin of northern Saskatchewan (see Figure 1). UEX’s 2021 exploration program will consist of drilling on three …

Climate could pay the price as Europe’s nuclear plants age

Nuclear power capacity able to supply roughly 60 million homes is scheduled to close this decade as utilities struggle to replace northwest Europe’s ageing reactors, raising the risk of higher carbon emissions as fossil fuels plug the gap. Nuclear power provides around a quarter of the European Union’s electricity generation, with 15 of the 27 …