Russian NPPs fulfilled the annual plan for electricity generation ahead of schedule, generating 207.614 billion kWh

Last weekend, Russian nuclear power plants (branches of Rosenergoatom JSC, part of the Electric Power Division of Rosatom) fulfilled ahead of schedule the annual state task of the Federal Antimonopoly Service (FAS) to generate electricity in the amount of 207.614 billion kWh. During the same period in 2019, 202.124 billion kWh were generated. Despite a …

Canada launches strategy to become global hydrogen leader

The Canadian government has launched a strategy that sees low-carbon and zero-emission hydrogen fuel technology as a key part of the nation’s path to net-zero carbon emissions by 2050. The strategy is underpinned by a federal investment of CAD1.5 billion (USD1.2 billion) in a Low-carbon and Zero-emissions Fuels Fund to increase the production and use …

V.PTU Closes its Private Placement

For Immediate Release – Not for Dissemination in the United States or through U.S. Newswire Services   Toronto, Ontario, December 18, 2020 – Purepoint Uranium Group Inc. (TSXV: PTU) (“Purepoint” or the “Company”) is pleased to announce the closing of its non-brokered private placement (the “Private Placement”) previously announced on December 1, 2020.  In connection …

T.CCO Two Positive Tests at Cameco’s Northern Saskatchewan’s Operations

Two individuals working at Cameco Corporation’s northern Saskatchewan operations have tested positive today for COVID-19. The results are being sent for confirmation to the provincial lab and will be classified as presumptive positives until we have confirmation. An individual at Cigar Lake tested positive after being identified as a close contact to a positive case …

Want cheaper nuclear energy? Turn the design process into a game

Researchers show that deep reinforcement learning can be used to design more efficient nuclear reactors. In this AI-designed layout for a boiling water reactor, fuel rods are ideally positioned around two fixed water rods to burn more efficiently. MIT researchers ran the equivalent of 36,000 simulations to find the optimal configurations, which could extend the …

Hydrogen policies must include nuclear, says NNWI

Nuclear-produced hydrogen, using electrolyser technology, could have a “sizeable contribution” to make in the development of the hydrogen economy, according to a new report from the New Nuclear Watch Institute (NNWI) think-tank. However, it says the realisation of those benefits will depend on the adoption of technology-neutral policies, which do not discriminate against nuclear power. …

Major mine shutdown could give red hot uranium stocks another boost

The world’s largest operating uranium mine will be temporarily suspended, further disrupting a market “already coiled like a spring”. In 2020, COVID-19 interruptions to uranium supply has doubled the structural deficit – the difference between supply and demand — to 40 million pounds. That’s more than 20 per cent of annual uranium consumption. Yesterday, major …

V.PTU Increases Size of Private Placement

For Immediate Release – Not for Dissemination in the United States or through U.S. Newswire Services   Toronto, Ontario, December 15, 2020– Purepoint Uranium Group Inc. (TSXV: PTU) (the “Company”) announced today that it has increased the size of offering of its previously announced $1,250,000 Private Placement (December 8, 2020) to $1,925,400. Due to the …

Cigar Lake suspended due to COVID-19

Canadian uranium miner Cameco has opted to temporarily suspend operations are its Cigar Lake operation in northern Saskatchewan, Canada, due to increasing risks posed by COVID-19. The company said that the entire province has been experiencing a “significant negative trend in the pandemic” that has left Cameco uncertain for the mine’s continuous operation as the pool of …

T.EFR Set to Enter Commercial Rare Earth Business in Q1-2021, Producing Materials That Make Many Clean Energy and Advanced Technologies Possible

New Monazite Supply Agreement with The Chemours Company Supports Energy Fuels’ Efforts to Help Reestablish Key U.S. Supply Chain LAKEWOOD, Colo., Dec. 14, 2020 /CNW/ – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) (“Energy Fuels” or the “Company”) is pleased to announce that it has entered into a three-year supply agreement with The Chemours Company (NYSE: …