Power independence in sight: National Energy Compact officially launched

The National Energy Compact was officially launched on Thursday, in a landmark step to end reliance on power imports. The launch marked the country’s formal entry into Mission 300, a high-stakes global initiative led by the World Bank Group and the African Development Bank to provide electricity to 300 million people across Sub-Saharan Africa by …

Kazatomprom signs uranium supply deal with Japan’s Kansai Electric

Kazakhstan’s state-owned uranium producer Kazatomprom has signed an agreement to supply uranium products to Japanese utility Kansai Electric Power Co., the companies announced Monday. The agreement will provide uranium for Kansai’s nuclear power plants as Japan continues the gradual restart of its nuclear fleet. The deal was finalized during Kazakh President Kassym-Jomart Tokayev’s visit to …

President grants assent to SHANTI Bill opening nuclear sector to private firms

President Droupadi Murmu has granted assent to the SHANTI Bill, opening India’s civil nuclear power sector to private participation. President Droupadi Murmu has granted assent to the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (SHANTI) Bill, paving the way for private participation in India’s civil nuclear sector. A government notification said the …

Centrus Launches Commercial LEU Enrichment Activities

Multi-billion-dollar uranium enrichment capacity expansion expected to create thousands of U.S. advanced manufacturing jobs and drive U.S. exports Centrifuge manufacturing begins New enrichment capacity expected to come online in 2029 Centrus Energy (NYSE: LEU) announced today that it has begun domestic centrifuge manufacturing to support commercial Low-Enriched Uranium (LEU) enrichment activities at its Piketon, Ohio, …

Ontario and New York Sign Agreement to Build Nuclear Energy and Grow Economies

  Today, Ontario Premier Doug Ford and New York Governor Kathy Hochul signed an agreement to work together to advance the development of affordable, reliable and clean nuclear power. As part of this agreement, Ontario Power Generation (OPG) and the New York Power Authority (NYPA) have signed a Memorandum of Understanding that will leverage Ontario’s …

Namibia’s diamond revenues overtaken by other minerals after price plunge

Namibia’s diamond revenues have been overtaken by income from other minerals for the first time. Namibia’s revenue from non-diamond minerals surpassed diamond revenues for the first time due to increased uranium production and rising gold prices. Diamond exports, traditionally a significant part of Namibia’s economy, saw reduced revenues due to declining natural diamond prices and …

‘Restart remains on track’: Palisades Nuclear Plant set to start providing power in 2026

West Michigan’s shuttered nuclear power plant won’t start generating electricity until 2026, the company confirmed in a statement to FOX 17. Palisades Nuclear Generating Station is in the middle of the first restart of a nuclear reactor in U.S. history. The plant was estimated to restart by the end of 2025 at the earliest, but …

Adani explores nuclear power foray with 1.6 GW small reactor project

 Adani Group, the conglomerate of Indian billionaire Gautam Adani, is in talks with the state government of India’s northern Uttar Pradesh state on a public-private partnership to build small modular reactors (SMRs) as India opens its nuclear energy sector to private investment. Adani Group is in discussions with Uttar Pradesh officials to build eight SMRs …

India’s Lok Sabha passes SHANTI atomic energy bill

The lower house of India’s parliament has passed the bill proposing a new legal framework for India’s nuclear sector – including clearing the way for private sector participation – and discussions have begun in the upper house. The Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India Bill, 2025 – or SHANTI, for short …