SHINE selects Dutch site for European production plant

SHINE Medical Technologies of the USA has selected the municipality of Veendam in the province of Groningen, the Netherlands, as the location of its European medical isotope production facility. The company is currently building its first production facility, using its transformational non-reactor technology, in Janesville, Wisconsin. SHINE said Veendam was selected following a year-long search …

V.PTU Begins Drilling at Red Willow Project

Toronto, Ontario, May 20, 2021 – Purepoint Uranium Group Inc. (TSXV: PTU) (“Purepoint” or the “Company”) today announced that it has commenced drilling at its 100%-owned Red Willow project within the eastern uranium mine district of the Athabasca Basin, Saskatchewan Canada.  The Red Willow project is 40,116 hectares in size and located close to several uranium …

Nuclear energy project will promote upgrade of ties with Russia, says China

Chinese President Xi Jinping and his Russian counterpart Vladimir Putin will jointly witness the opening ceremony of the two countries’ nuclear energy cooperation project via video link on Wednesday (May 19). The smooth kick-off of the project will promote the upgrading of bilateral ties, Foreign Ministry spokesman Zhao Lijian said on Tuesday. Mr Zhao said this …

New Rolls-Royce ‘mini’ nuclear power plant could light million homes

A fresh design for a compact nuclear power station being developed by hundreds of Rolls-Royce engineers in Derby has been revealed. Nuclear power experts in the city have also helped increase the power of the small modular reactors (SMR), working as part of a large consortium led by Rolls-Royce. The consortium estimates that the nuclear …

IEA assessment of nuclear ‘impractical’, says World Nuclear Association

The International Energy Agency’s Net Zero Emissions (NZE) scenario puts too much faith in technologies that are “uncertain, untested or unreliable” and fails to reflect both the size and scope of the contribution that nuclear technologies could make, World Nuclear Association said today. “Given that more than 60% of the world’s electricity is currently generated …

Three Indigenous-owned corporations show support for small modular reactors

‘Small modular reactors have a role to play in moving forward on climate change,’ CEO says Three Indigenous-owned companies in Saskatchewan have announced they’re exploring small modular reactors (SMR). Kitsaki Management, Athabasca Basin Development and Des Nedhe Group have all signed a memorandum of understanding concerning their support for nuclear power in Saskatchewan. “We think …

T.EFR Announces Q1-2021 Results, , Continued Readiness to Supply Uranium into the U.S. Uranium Reserve when Established & Continued Ramp-up to Commercial Rare Earth Production

LAKEWOOD, Colo., May 13, 2021 /CNW/ – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) (“Energy Fuels” or the “Company”) today reported its financial results for the quarter ended March 31, 2021. The Company’s annual report on Form 10-K has been filed with the U.S. Securities and Exchange Commission (“SEC“) and may be viewed on the Electronic …