Honeywell is gearing up to reopen the Metropolis Works plant in Metropolis, Illinois—the U.S.’s sole uranium conversion facility—and restart production of uranium hexafluoride (UF6) by early 2023. The Charlotte, North Carolina–based global technology giant told POWER in a statement on Feb. 9 it has communicated to employees and officials its intent to reopen the facility, which it idled …
Vancouver, British Columbia and Toronto, Ontario – February 9, 2021 – American Lithium Corp. (TSXV:LI | OTCQB:LIACF | Frankfurt:5LA1) (“American Lithium”) and Plateau Energy Metals Inc. (TSXV:PLU | OCTQB:PLUUF) (“Plateau”) are pleased to announce that they have entered into a definitive arrangement agreement (the “Agreement”) to consolidate two significant and strategic undeveloped lithium assets in …
TORONTO, Feb. 9, 2021 /CNW/ – Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE: DNN) is pleased to report the results from the 2020 exploration and expansion drilling program focused on the area proximal to the high-grade Phoenix uranium deposit (“Phoenix”) at the Company’s 90% owned Wheeler River Uranium Project (“Wheeler River”). During the …
TORONTO, Feb. 8, 2021 /CNW/ – Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE: DNN) is pleased to announce its 2021 evaluation program plans for the Company’s 90% owned Wheeler River Uranium Project (“Wheeler River” or the “Project”), including additional field testing activities to support the further de-risking of the application of the In-Situ Recovery (“ISR”) …
As the weekly uranium spot price continues to move in a tight range, new research explores the effect of delaying nuclear plant closures on global uranium demand. -The effect on uranium demand of delaying plant closures -Fourth quarter results for Kazatomprom -Uranium spot price falls marginally In the wake of President Biden’s inclusion of nuclear …
While silver stocks on the ASX retreated after their exuberant buying spree on Monday, Tuesday was a day in the sun for their uranium counterparts. The trigger for the yellowcake stocks was, unlike Reddit in the case of silver, a more established source – the Bank of America (BofA). As the Australian market opened on Tuesday, …
While we have previously laid out the bullish case for uranium stocks in general, and Cameco (CCJ) – which controls the world’s largest high-grade uranium reserves and low-cost operations and is one of the largest global providers of the uranium fuel – in particular (here, here, here and here), today this thesis got a swift boost …
The world’s largest uranium producer Kazatomprom reported Monday that its full-year 2020 uranium production of 10,736 tonnes of uranium (reported as U3O8) was within the guidance despite a 19% production drop over 13,291 tonnes mined in 2019. The company said that on both a 100% and attributable basis, production volumes for the fourth quarter and …
OSAKA – The mayor of the town of Takahama in Fukui Prefecture granted permission Monday for the restart of the Nos. 1 and 2 reactors at Kansai Electric Power Co.’s Takahama Nuclear Power Plant, becoming the first local leader in the nation to approve use of nuclear reactors more than 40 years old. The Takahama No. …
KELOWNA, BC , Feb. 1, 2021 /CNW/ – FISSION URANIUM CORP. (” Fission ” or ” the Company “) is pleased to announce drilling plans for 2021, which include a 43-hole ( 12,640 m ) program at its PLS property – host to the large, high-grade and near surface Triple R deposit – in Saskatchewan, Canada . The fully funded program aims to increase the Indicated classified resource …
