Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) (“Energy Fuels” or the “Company”), the largest uranium mining company in the United States, is pleased to announce that it has delivered a notice to the holders of its currently outstanding floating rate convertible unsecured subordinated debentures, due December 31, 2020 (the “Debentures”) that pursuant to the …
The Trump administration is taking the first steps toward allowing international development funds to be spent on nuclear projects, working to lift a longtime prohibition on how the anti-poverty funds can be spent. The Wednesday proposal from the Development Finance Corporation (DFC) would make it perhaps the only government development agency in the world to use its …
Framatome’s digital instrumentation and control (I&C) systems at the Doel nuclear power plant in Belgium passed the final site acceptance test (SAT). This important milestone marks the completion of the project to modernize the control and emergency systems at units 1 and 2. As part of the project, Framatome designed, manufactured, tested and installed its …
A joint venture has been formed between Ultra Safe Nuclear Corporation (USNC) and Ontario Power Generation (OPG) to build, own and operate the proposed Micro Modular Reactor (MMR) project at the Chalk River Laboratories site. The joint venture – the Global First Power Limited Partnership – is owned equally by OPG and USNC-Power, the Canadian …
Unit 4 of the Beloyarsk nuclear power plant in Russia will be completely switched to uranium-plutonium MOX fuel in 2022, marking an important step towards closing the nuclear fuel cycle, Russia’s Rosatom has announced. The 789 MWe BN-800 fast neutron reactor is currently fuelled by a ‘hybrid core’ – a mix of uranium and plutonium …
Saudi Arabia’s cabinet on Tuesday approved a new mining law that aims to accelerate foreign investment in the sector as part of efforts to diversify its economy away from hydrocarbons. The new law facilitates investor access to financing and supports exploration and geological survey activities, state news agency SPA said, quoting the minister of mining …
The New York congressman conceded the Covid-19 pandemic has “disrupted” Democrats’ plans to consider climate change legislation this year. Rep. Paul Tonko (D-N.Y.), who is fine-tuning legislation in the House that aims to push the U.S. toward net-zero greenhouse gas emissions by 2050, said on Tuesday he did not favor banning nuclear power. “Clean energy …
At the construction site of Russia’s Kursk II nuclear power plant, the truss console has been installed under the reactor shaft of unit 2. This component, weighing 145 tons and with a diameter of more than 9 metres, is the second part of the core melt trap, Kursk NPP said. With this achievement, one of …
On May 25, the Astravets Nuclear Power Plant (NPP), in Belarus, finished receiving nuclear fuel for the initial load of its first reactor (Belta, May 25). These nuclear rods, delivered in batches since May 6, are now ready to be loaded into the reactor, after careful inspection. If all continues to proceed according to plan, …
After surging 34 percent in March and April, the U3O8 spot price slowed down in May, only adding 2 percent over the four week period. Rapid value growth during the first months of 2020 has moved the energy fuel 37 percent higher from its January price of US$24.63 per pound. The upward momentum has excited market participants as the …
