T.GLO Finalizes Off-take Agreement with European Utility

Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX: GLO, OTCQX: GLATF, FRANKFURT: G12) is pleased to announce that it has signed an offtake agreement with a strategic Europe-based nuclear power utility to supply 260,000 pounds U3O8 per year for three years beginning in 2026. This is the fourth such agreement signed by Global Atomic.  Based …

V.SYH Announces Closing of Private Placement for Gross Proceeds of C$10 Million

Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQX: SYHBF) (Frankfurt: SC1P) (“Skyharbour” or the “Company”) is pleased to announce that is has closed the brokered private placement previously announced by the Company on December 2, 2024, as upsized on December 3, 2024 (the “Brokered Offering”), and has additionally closed a concurrent non-brokered private placement (the “Non-Brokered Offering”, and together with the Brokered Offering, …

Orano Initiates Arbitration Against the State of Niger Following the Withdrawal of IMOURAREN’s Mining License

Orano has opened international arbitration proceedings against the State of Niger following the withdrawal of its mining license for IMOURAREN, dated 19 June 2024. This move comes after several months of unsuccessful attempts at mediation and conciliation. The announcement of the withdrawal of the license took place when Orano presented the State of Niger with …

India aims to increase its nuclear power production to 22,480MW by 2032

Centre advises states where coal-based power plants have reached the end of operational life to consider setting up nuclear plants India aims to triple its installed nuclear power capacity by 2031-32. The current installed nuclear power capacity of 8,180MW is projected to increase to 22,480MW within this timeframe. The country currently operates 24 nuclear power …

Paladin Energy receives ICA clearance for T.FCU acquisition

Paladin Energy has received final clearance under the Investment Canada Act (ICA) for its acquisition of Fission Uranium. This clearance represents the last regulatory step needed to complete the court-approved arrangement under the Canada Business Corporation Act. The acquisition is expected to close by early January 2025, subject to customary closing conditions. Paladin Energy announced …

V.ISO and V.PTU Complete Joint Venture

IsoEnergy Ltd. (TSX: ISO) (OTCQX: ISENF) (“IsoEnergy”) and Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (“Purepoint”) are pleased to announce the successful implementation of their previously announced joint venture (the “Joint Venture”) (see press release dated October 22, 2024), consolidating 10 uranium projects spanning over 98,000 hectares in the eastern Athabasca Basin, Saskatchewan (Figure 1). This strategic collaboration strengthens both companies’ efforts to advance …

Rosatom Exits Key Uranium Ventures in Kazakhstan Amid Strategic Shifts

Uranium One Group, a subsidiary of State Atomic Energy Corporation Rosatom. has announced its withdrawal from uranium projects in Kazakhstan. This decision coincides with Kazakhstan’s ongoing selection of operators for a consortium tasked with constructing the country’s first nuclear power plant. According to Kazatomprom (KAP), Uranium One Group has sold its 49.979% stake in the Zarechnoye joint …

The main construction and installation works are completed at Rooppur NPP (Bangladesh)

The construction and installation works are completed at Unit 1 of Rooppur NPP being constructed by the Engineering Division of State Atomic Energy Corporation Rosatom in the People’s Republic of Bangladesh. The personnel of the NPP has started a large-scale test program. On December 18, the first stage of operation commenced for bringing the reactor …

Rwanda strengthens commitment to nuclear energy development

Prime Minister Edouard Ngirente met nuclear scientists and industry experts on December 17, in a session led by Lassina Zerbo, the Chairman of Rwanda Atomic Energy Board (RAEB). Their meeting followed a two-day ministerial roundtable on Financing Africa’s Nuclear Energy Future held in Kigali. The discussions underscored Rwanda’s commitment to advancing its nuclear energy programme as …

Reactor pressure vessel of Xudapu NPP Unit 4 (China) has been installed in design position

The Russian participants of Xudapu NPP construction project ensure the performance of contractual obligations ahead of schedule The reactor pressure vessel has been installed in the design position at the construction site of Xudapu NPP Unit 4 (China), which is being built with participation of Rosatom enterprises. The operation was carried out under the supervision …