Energy Fuels Applauds President Trump’s 10-Year, $1.5 Billion Plan to Establish U.S. Uranium Reserve – Feb 11, 2020

Energy Fuels Inc. (NYSE American: UUUU; TSX: EFR) (“Energy Fuels” or the “Company”), a leading uranium producer in the U.S., applauds President Trump for yesterday announcing a budget that seeks $150 million per year over the next 10 years (totaling $1.5 billion over that timeframe) to establish a strategic uranium reserve intended “to provide additional …

Russia, India May Cooperate To Build Nuclear Plants In Middle East, Africa

Russia and India could potentially form a partnership to build nuclear power plants across Africa and the Middle East. “There are also good prospects for cooperation of Russia and India in nuclear energy in third [party] countries,” said Indian Ambassador to Russia Venkatesh Varma. Varma noted that Russia and India have already been working together …

Uzbekistan updates IAEA on progress as nuclear ‘newcomer’

A crucial aspect of developing nuclear infrastructure is the study of, and cooperation with, countries with both developed and developing nuclear capabilities, Alisher Sultanov, Uzbekistan’s energy minister, said today. Speaking at the third International Conference on Nuclear Security – Sustaining and Strengthening Efforts, hosted by the International Atomic Energy Agency (IAEA) at its headquarters in …

International Community Meets to Reaffirm Common Commitment for Strengthening Nuclear Security

Over 57 ministers and more than 2000 experts from over 130 countries and 35 international organizations are meeting at IAEA headquarters this week to reaffirm their common commitment for strengthening nuclear security globally. At the International Conference on Nuclear Security: Sustaining and Strengthening Efforts (ICONS 2020), taking place from 10 to 14 February in Vienna, …

GE Hitachi enters federal licensing process for new small modular nuclear reactor design

GE Hitachi Nuclear Energy has announced it is beginning the licensing process with the Nuclear Regulatory Commission (NRC) for its small modular nuclear reactor (SMR) design. The proposed design, the BWRX-300, is based on a design already licensed by the NRC in 2014, and the company hopes to leverage this existing work to make a …

NEI and ABDAN Sign Memorandum as Brazil Seeks to Expand Commercial Nuclear Program

Today in Rio de Janeiro, the Nuclear Energy Institute and the Brazilian Association for the Development of Nuclear Activities (ABDAN) signed a memorandum of understanding during bilateral talks between the U.S. and Brazil. NEI and ABDAN are the premier associations representing the commercial nuclear industries in the two countries. The agreement focuses on areas of cooperation …

V.PLU Announces Positive Preliminary Economic Assessment for Falchani Lithium Project

Scalable, long mine life battery grade lithium chemical project in Peru. Production of approximately 63,000 tonnes per annum (“tpa”) average over 33 years of battery-grade lithium carbonate (“Li2CO3”) growing to 85,000 tpa Li2CO3 at steady state throughput of 6.0 million tpa After-tax NPV8% $1.55 billion at $12,000/t Li2CO3; after-tax IRR of 19.7% Low 2nd quartile …

V.AAZ Commences Drill Program at the East Preston Uranium Project

AZINCOURT ENERGY CORP. (“Azincourt” or the “Company”) (TSX.V: AAZ, OTC: AZURF), is pleased to confirm drilling has commenced at the 25,000+ hectare East Preston Uranium Project, located 50km southeast of Patterson Lake, in the Western Athabasca Basin, northern Saskatchewan, Canada. Drilling has begun at pad EP20PADB, which is located along the northern part of the …