Philippines sounds out potential suppliers of nuclear reactors from US

THE PHILIPPINES is lining up potential US suppliers and is also studying some domestic manufacturing to support its proposed nuclear power industry, Trade Secretary Alfredo E. Pascual said. Mr. Pascual said at a briefing last week that the Philippine delegation to the US, led by President Ferdinand R. Marcos, Jr., met with two US nuclear …

Major module put in place at Sanmen 4

The largest and heaviest module has been installed at unit 4 of the Sanmen nuclear power plant, the Shanghai Nuclear Engineering Research and Design Institute (SNERDI) has announced. Two CAP1000 units – the Chinese version of the AP1000 – are being constructed as Phase II of the plant, in China’s Zhejiang province. The cuboid-shaped CA20 …

T.U.UN Announces First Quarter 2023 Results

Sprott Inc. (NYSE/TSX: SII) (“Sprott” or the “Company”) today announced its financial results for the quarter ended March 31, 2023. Management commentary “Sprott’s Assets Under Management closed at a record high of $25.4 billion as of March 31, 2023,” said Whitney George, CEO of Sprott. “During the quarter, we benefited from approximately $1 billion in net …

T.EFR Announces Q1-2023 Results, Including Net Income of $114.26 million, $143.61 million of Working Capital, $19.34 million of Uranium and Vanadium sales and Commencement of Development of Rare Earth Separation Capabilities in Utah

Conference Call and Webcast on May 9, 2023 The Company sold 300,000 pounds of uranium at a gross margin of 58%, 79,344 pounds of vanadium at a gross margin of 37%, and the Alta Mesa property for a total gain of $116.45 million; Working capital increased, total assets increased, and total liabilities decreased. LAKEWOOD, Colo., May 5, 2023 /PRNewswire/ …

Armenia and Russia discuss Armenian 2 operating extension, and new nuclear

Further extending the operating life of the Armenian Nuclear Power Plant’s second unit was identified as a priority during a meeting between Rosatom Director General Alexei Likhachev and Armenia’s Prime Minister Nikol Pashinyan. During the meeting, in Yerevan, the two “agreed on specific steps for the near future, which will allow the re-extension work to …

Westinghouse announces a new small nuclear reactor — a notable step in the industry’s efforts to remake itself

Westinghouse announced the launch of a small version of its flagship AP1000 nuclear reactor on Thursday. The new reactor, called the AP300, aims to be available in 2027, and will generate about a third of the power as the flagship AP1000 reactor, enough to power about 300,000 homes. It’s expected to cost about $1 billion …

V.SYH Resources Receives $1.55 Million from Warrant Exercises

Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQX: SYHBF) (Frankfurt: SC1P) (the “Company”) is pleased to announce it has received an aggregate CAD $1,551,456.50 from the exercise of share purchase warrants with a strike price at $0.22 since April 1st, 2023. A total of 7,052,075 warrants have been exercised with the batch of warrants expiring May 1st, 2023. About Skyharbour Resources Ltd.: Skyharbour holds …

Team Holtec signs agreements with Korean financial firms

Two South Korean national financial institutions – Korea Trade Insurance Corporation (K-Sure) and the Export-Import Bank of Korea (KEXIM) – have each entered into agreements with Holtec International and Hyundai Engineering & Construction to provide financial support for SMR-160 projects around the world. Holtec participated in the Korea-US Advanced Industry and Clean Energy Partnership Event …

State takeover of EDF resumes after appeal dismissed

The French State has requested the country’s Financial Markets Authority (AMF) reopens the simplified public tender offer for the outstanding shares of EDF after the Paris Court of Appeal dismissed a claim lodged by minority shareholders in EDF challenging the deal. EDF’s board of directors on 27 October last year approved an offer by the …