Exelon says plant will close as planned without ‘quick passage of legislation’ SPRINGFIELD — The Illinois Senate failed to come up with a Clean Energy Bill this week, with environmentalists and labor leaders far apart on the negotiations. That means the future of the Byron Generating Station is still up in the air. “We are …
UEX Corporation (TSX:UEX) (OTC:UEXCF) (“UEX” or the “Company”) is pleased to announce that UEX has been notified that the shareholders of Overseas Uranium Resources Development Co., Ltd. (“OURD”) have approved the sale to UEX of OURD’s wholly-owned subsidiary, JCU (Canada) Exploration Company, Limited (“JCU”). The JCU Transaction UEX will acquire 100% of the shares of …
Unit 5 of the Hongyanhe nuclear power plant in China’s Liaoning province has attained a sustained chain reaction for the first time. The 1080 MWe domestically-designed ACPR1000 pressurised water reactor is expected to be connected to the grid later this year, after which it will enter commercial operation. The first pre-critical control point of Hongyanhe …
The China Atomic Energy Authority (CAEA) informed the IAEA yesterday that a minor fuel cladding failure had occurred at the Taishan Nuclear Power Plant. What are fuel cladding failures, and what do they mean for safety? Read our explainer to find out. Nuclear power plants are designed with multiple back-up and diverse safety systems as part of …
Skyharbour Resources Ltd. (TSX-V:SYH) (OTCQB:SYHBF) (Frankfurt:SC1P) (the “Company”) is pleased to announce that it is expanding its current diamond drilling program at its flagship 35,705 hectare Moore Uranium Project, located approximately 15 kilometres east of Denison Mine’s Wheeler River project and near regional infrastructure on the southeast side of the Athabasca Basin, Saskatchewan. The current drilling program at Moore …
The country currently uses electricity and gas imports from neighbouring Iran to generate around a third of its electricity. BAGHDAD: Iraq, which suffers chronic electricity shortages, wants to construct eight nuclear power reactors by 2030 in order to reduce its external energy dependence, an official said Tuesday. The country currently uses electricity and gas imports …
TORONTO, June 15, 2021 – Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE American: DNN) is pleased to announce that it has entered into a binding agreement (the “Agreement”) to acquire 50% ownership of JCU (Canada) Exploration Company, Limited (“JCU”) from UEX Corporation (“UEX”), for cash consideration of $20.5 million, following UEX’s expected acquisition …
UEX Signs Letter Agreement to Sell 50% of JCU to Denison Mines Corp. Saskatoon, Saskatchewan, June 15, 2021 – UEX Corporation (TSX:UEX, OTCQB:UEXCF)(“UEX” or the “Company”) is pleased to announce that UEX has signed an agreement (“Amending Agreement”) with Overseas Uranium Resources Development Co., Ltd. (“OURD”) to amend the terms of the purchase agreement (“Share …
The U.S. Department of Energy (DOE) recently released its Fiscal Year 2022 (FY22) Congressional Budget request which seeks a record $1.8 billion for the Office of Nuclear Energy (NE). This is a historic level of commitment by the Biden-Harris Administration and it clearly recognizes the important role our current nuclear fleet and future reactors will play in …
The U.S. nuclear power regulator has approved production of uranium fuel that is far more enriched than fuel for conventional nuclear power plants, the company aiming to make the material said on Monday. The fuel is known as high-assay, low-enriched uranium, or HALEU. Nonproliferation experts are concerned about the fuel as it is easier to …