IsoEnergy Ltd. (“IsoEnergy”) (TSX: ISO; OTCQX: ISENF) and Anfield Energy Inc. (“Anfield”) (TSX.V: AEC; OTCQB: ANLDF; FRANKFURT: 0AD) are pleased to announce that they have entered into a definitive agreement (the “Arrangement Agreement”) pursuant to which IsoEnergy will acquire all of the issued and outstanding common shares of Anfield (the “Anfield Shares”) by way of a court-approved plan …
Energy Fuels is restoring essential U.S. critical mineral supply chains and processing capabilities that are key to clean energy, economic security, and national defense. Acquisition of Base Resources secures the world-class Toliara Project in Madagascar, which Energy Fuels believes is the best critical mineral development project in the world. The Toliara Project is a new large-scale …
Japan’s new economy minister said the country will need to maximize the use of existing nuclear power plants as artificial intelligence and data centers are expected to boost electricity demand. It’s “natural” for Japan to pursue both atomic and renewable energy in order to meet the growing needs without increasing carbon emissions, said Yoji Muto, …
Progress toward the historic restart of the Palisades Nuclear Power Plant made a monumental step forward today with the announced close of a $1.52 billion loan from the U.S. Department of Energy’s (DOE) Loan Programs Office (LPO). The announcement took place on site in Covert Township, Michigan, before a large gathering of Holtec associates, skilled …
Last month, Constellation Energy announced a 20-year power purchase agreement (PPA) to provide electricity to Microsoft data centers in the mid-Atlantic region from the Unit 1 reactor at the Three Mile Island nuclear power plant in Pennsylvania. Unit 1 had returned to operation in 1985 after the 1979 partial meltdown that affected the adjacent Unit 2, but it was …
Data centers are expected to consume more and more electricity thanks to growth in artificial intelligence and cryptocurrency mining — and nuclear energy and uranium appear a good way for investors to gain exposure to this rise in power demand. Clearly, data centers and AI need “consistent, baseload power,” while many information-technology (IT) companies in …
– FISSION URANIUM CORP . (TSX: FCU) (OTCQX: FCUUF) (” Fission ” or the ” Company “) announced today that it has received a notice from the Minister of Innovation, Science and Industry (the ” Minister “) ordering a national security review of the previously announced plan of arrangement (the ” Arrangement “) with Paladin Energy Limited (” Paladin “) under section 25.3 of the Investment Canada Act (” ICA “). Accordingly, …
More than half the Swiss population supports the government’s plan to lift a ban on the construction of new nuclear power plants. This is the result of a new survey commissioned by 20 Minuten and Tamedia and reported by the SonntagsZeitung. The Federal Council reignited the debate on nuclear power plants at the end of August with its plan to …
Figure 1. Physical Uranium and Uranium Stocks Have Outperformed Other Asset Classes Over the Past Five Years (08/31/2019-08/31/2024) Short-Term Volatility in Uranium Prices: The uranium market has experienced short-term challenges, including price declines and exogenous market influences such as geopolitical tensions and economic concerns. However, these issues are set to be overcome by strong long-term fundamentals, including …
The nuclear energy landscape in the United States is changing rapidly as demand for clean firm power rises and the nation strives to meet its climate goals. Thanks to the Bipartisan Infrastructure Law and Inflation Reduction Act, the domestic nuclear industry is leveraging federal funding, loan authority, and new tax incentives to extend reactor operations, …
