JNFL and MHI become shareholders of Orano – 2017 net cash flow1 objective achieved despite lower revenues • Completion of Orano’s second capital increase, reserved for JNFL and MHI The Orano Board of Directors, which met yesterday, noted the completion of the capital increase reserved for Japan Nuclear Fuel Limited (JNFL) and Mitsubishi Heavy Industries, Ltd. …
TOKYO–(BUSINESS WIRE)–Mitsubishi Heavy Industries, Ltd. (MHI)(TOKYO:7011) has completed investment into Orano, a newly formed company created as part of the reorganization of the AREVA Group. Orano primarily focuses on the fuel cycle business, including uranium mining, enrichment and conversion and reprocessing of spent fuel. Previously referred to as “New AREVA Holding”, Orano possesses advanced technological …
Kazakhstan, the world’s leading uranium producer, and China, the prospective global leader in nuclear-based power generation, are looking to benefit from mutual energy cooperation in the foreseeable future. Air quality, especially in major industrial agglomerates, along with strong dependence on oil, and rapidly growing electricity consumption remain China’s formidable energy challenges. However, for the last …
NEW DELHI: India and France are likely to sign a framework agreement for expediting the Jaitapur nuclear power plant project during French President Emmanuel Macron’s visit next month, sources from the Indian side have said. The six-reactor project with a capacity of 1650-MW each will be the largest nuclear power park in the country. Talks between the two countries are …
Despite robust growth in earnings, the head of New Jersey’s largest power utility told Wall Street analysts he’d make good on his pledge to close the state’s remaining nuclear power plants unless lawmakers agree to a surcharge to keep them profitable. And that surcharge would come in the form of higher utility bills for customers …
Nuclear power currently provides a third of energy demand in South Korea, but opinions are shifting. In 2017, President Moon launched government polls to gauge support for a phase out plan, but with results seemingly showing both a desire to reduce dependence and a will to press on with current builds, the question of whether …
The head of the State Office for Nuclear Safety, Dana Drábová, gave this rather blunt warning at a Prague energy conference this week attended by most of the country’s top energy executives and the Minister for Industry and Trade: ʺThere is immense pressure developing that the operating life of nuclear reactors will be limited to …
Energy Fuels Inc. (NYSE American: UUUU; TSX: EFR) (“Energy Fuels” or the “Company”), a leading producer of uranium in the United States, is pleased to announce that it has received approval from the U.S. Bureau of Land Management (“BLM”) and U.S. Forest Service (“USFS”) for the expansion of its 100%-owned La Sal Complex of uranium/vanadium …
AZARGA URANIUM CORP. (TSX:AZZ) (“Azarga Uranium” or the “Company”) is pleased to announce that the Company continues to identify new uranium mineralization at its initial development priority, the Dewey Burdock in-situ recovery (“ISR”) uranium project in South Dakota (the “Dewey Burdock Project”). On 8 February 2018, the Company announced newly identified uranium mineralization at the …
KELOWNA, British Columbia, Feb. 26, 2018 (GLOBE NEWSWIRE) — FISSION URANIUM CORP. (“Fission” or “the Company”) (OTCQX:FCUUF) (TSX:FCU) is pleased to announce that its first four Winter drill holes have hit wide mineralization, with high-grade radioactivity, at the R1515W zone at its’ PLS property, host to the Triple R deposit, in Canada’s Athabasca Basin region. …