Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX:GLO, OTC:QX:GLATF, Frankfurt:G12) is pleased to provide its outlook for 2023 as well as inform shareholders of an update to its 2021 Phase 1 Feasibility Study completed for the Dasa Project located in the Republic of Niger (the “FS”). 2023 will be a pivotal year for the …
Holtec International Inc. has applied for a $7.4 billion federal loan to fund expansion expected from future sales of a company-designed nuclear reactor. Holtec would tap the loan to boost capacity to make parts at its existing U.S. facilities, and to build and commission “at least four” SMR-160 advanced light water reactors. It also expects …
NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) announced today that it has established an at-the-market equity program (the “ATM Program“) to offer and sell up to C$250 million of common shares from treasury (“Common Shares“). Sales of Common Shares, if any, will be made pursuant to the terms of an …
France’s nuclear fleet is coming back online, with Bloomberg estimating that 73% of the country’s 56 reactors were available on Friday. That is significantly more reactors than in recent months, which eases some of the concerns about power supply in France and Europe. To compare, only 40% of France’s 56 reactors were available in August 2022, when …
President Recep Tayyip Erdoğan and Russia’s Vladimir Putin discussed progress on building Turkey’s first nuclear power plant as the latest landmark saw the inner containment dome installed in the design position at Akkuyu unit 1. Turkey’s President Erdoğan was reported by Russia’s official Tass news agency to have told his Russian counterpart during their phone call that “the …
DOE had previously purchased domestic U3O8 from miners Uranium will be stored as UF6 ready for enrichment Several US uranium companies plan production restart ConverDyn has received a $14 million award for uranium conversion services from the US Department of Energy under its $75 million program to create a domestic uranium reserve to boost energy …
The first power unit of the Akkuyu nuclear power plant (NPP), which is being built by Russia in Türkiye, is scheduled to be launched in 2023, Turkish President Recep Tayyip Erdogan confirmed on Wednesday, Trend reports citing Daily News. “The construction of the Akkuyu NPP is proceeding at a rapid pace. Its first power unit will be launched …
NuScale Power Corporation has submitted an application for approval of its updated small modular reactor design to US nuclear regulators. The company has also signed a contract with Romania’s RoPower Nuclear S.A. for front-end engineering and design work toward the deployment of a VOYGR-6 SMR power plant at Doicești. The NuScale Power Module, on which …
The cooling towers of the Slovak nuclear power plant are seen at Jaslovske Bohunice in western Slovakia, about 70 km (43 miles) north of the Slovak capital Bratislava, May 10, 2011. Petr Josek, Reuters Image used for illustrative purpose. Reuters Images The Rooppur nuclear plant, with a planned power generation capacity of 2,400 megawatts, will …
South Korean shipbuilder Samsung Heavy Industries (SHI) has completed the conceptual design for the CMSR Power Barge – a floating nuclear power plant based on compact molten salt reactors – and obtained the basic certification of the design from the American Bureau of Shipping (ABS). In December 2020, ABS said it had completed a new …