Hitachi Ltd. and General Electric Co. will jointly develop a new type of nuclear power plant with small modular reactors, sources close to the matter said Monday. The two companies, which have been long-time partners in the nuclear business, aim to commercialize the reactors, said to be cheaper to produce and safer to run, in …
Photo taken on March 21, 2018 shows the installation site of a hemispherical dome at the No. 6 unit of China National Nuclear Corporation’s Fuqing nuclear power plant in Southeast China’s Fujian Province. In May 2017, a containment dome was installed on the No. 5 unit of the nuclear power plant, the first reactor featuring …
The Haiyang 2 AP1000 in China has been connected to the electricity grid. Meanwhile, Sanmen 1 – which last month became the first AP1000 to begin commercial operation – has entered the guarantee period. In September 2007, Westinghouse and its partner the Shaw Group received authorisation to construct four AP1000 units in China: two at …
A number of companies are in the running for lucrative contracts to build new nuclear units in the Czech Republic. Now the head of the State Office for Nuclear Safety says that a South Korean firm looks best placed to get the job. Dana Drábová says KHNP currently has the best references in regards to …
Fission 3.0 Corp. (“Fission 3” or the “Company”) is pleased to announce that it has closed the second and final tranche of its previously announced non-brokered private placement (the “Private Placement”). Between the two tranches the Company raised $8 million to support additional drilling and exploration on its most prospective properties. COO and Chief Geologist …
Ur-Energy Inc. (NYSE American:URG) (TSX: URE) (the “Company” or “Ur-Energy”) is pleased to provide the following operational results for Q3 2018. Highlights Lost Creek Uranium Production and SalesFor the quarter, the Company met its production targets at the high end of guidance: 80,604 pounds of U3O8 were captured within the Lost Creek plant, 78,441 pounds of …
Kazatomprom, the world’s largest producer of uranium, has announced plans to list in London, following a rebound in prices for the nuclear fuel. The state-owned Kazakh producer, often dubbed the Saudi Aramco of the uranium market, will consider listing 25 per cent of its shares in the form of depository receipts, according to a filing. …
The Trump administration announced on Thursday that it would sharply restrict exports of civilian nuclear technology to China that officials claimed was being diverted to power new generations of Chinese submarines, aircraft carriers and floating nuclear power plants. The announcement mixed security warnings with longstanding complaints that Beijing was continuing to steal nuclear-related technology from …
Nearly half of uranium production doesn’t make money at the prevailing spot price. That’s the startling statistic highlighted by Andre Liebenberg, the chief executive of Yellow Cake PLC (LON:YCA).Yellow Cake has been set up to provide investors with a clean entry point into what has hitherto been a pretty opaque market. What really is the …
What does the future of nuclear power look like, and what will China’s dominance mean for the rest of the world? Power Technology investigates. The future of nuclear seems to be seated in China. Over the past two decades, the country has been steadily building its nuclear capacity, increasing the number of operating plants from …
