Drop in consumption means France less at risk of electric power cuts this winter

France’s electrical grid operator has lowered its forecast of power cuts through the rest of the winter, largely because of a reduced demand from consumers and higher than expected nuclear and hydropower availability. “We absolutely have the means to avoid power cuts this winter,” Thomas Veyrenc, executive director of the French grid operator RTE, said …

U.UEC Wins Award from the U.S. Department of Energy to Supply 300,000 lbs. U3O8 at $59.50/lb. to the Strategic Uranium Reserve

Uranium Energy Corp (NYSE American: UEC, the “Company” or “UEC”) is pleased to announce it has won a $17.85 million award to supply 300,000 pounds of U.S. origin uranium concentrates at $59.50/lb. to the U.S. Department of Energy (“DOE”) – National Nuclear Security Administration (“NNSA”). The award is in response to the NNSA’s Request for …

Development of nuclear fuel ‘complete’ for RITM-200S floating power project

How the floating unit could look (Image: Rosatom) Rosatom says that the development of nuclear fuel for its Modernised Floating Power Units project – featuring RITM-200S reactors – has been completed. The project for the upgraded floating power unit includes two of the reactors on a barge, with a nominal thermal power of 198 MW each. …

Sizewell B powers on

Sizewell B Plant Manager, Adam Anderson and Station Director, Robert Gunn Sizewell B has reached a major milestone notching up 10 million-million watts of electricity this year! The station hit the milestone today following a weekend when a record number of people were expected to tune into the World Cup. Adam Anderson, Sizewell B Plant …

U.UEC Reports Quarterly Results for Period Ended October 31, 2022, Fiscal 2023 Q1

Completed two accretive acquisitions, realized profit from Physical Portfolio, and strengthened balance sheet: Industry leading growth with two accretive acquisitions of UEX Corporation (“UEX”) and Rio Tinto’s world-class, development-stage Roughrider Project. Acquired UEX for $192.7 million primarily in UEC stock which is expected to double total resources in all categories in the world-class, politically stable …

T.EFR Awarded Contract to Sell $18.5 Million of Uranium to U.S. Uranium Reserve

DOE program supports critical domestic clean energy & national security priorities Pending membership in DOE HALEU Consortium to support fuel for next generation advanced nuclear reactors Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) (“Energy Fuels” or the “Company”), a leading U.S. producer of uranium and rare earth elements (“REE“), today announced that it has been awarded …

India gives update on nuclear construction projects

Minister of State Jitendra Singh confirmed the government’s plans for 21 new reactors – including those already under construction – and gave an update on the progress of the various projects in a written answer to the Lok Sabha. According to Singh’s statement, the following projects are classed by the government as “under construction”: Kakrapar 3 …

V.SYH Working with Condor Consulting Inc. to Conduct Geophysical and Geological Data Compilation and Interpretation Work at Russell Lake Uranium Project

Skyharbour Resources Ltd. (TSX-V:SYH) (OTCQX:SYHBF) (Frankfurt:SC1P) (the “Company”) is pleased to announce that it has engaged Condor Consulting Inc. to conduct geophysical and geological data compilation and interpretation work on the Company’s Russell Lake Uranium Project. Condor provides a full range of services for processing, modeling and analysis of geophysical data. The team has extensive experience …