Estonia to prepare legislation for nuclear programme

The Estonian government has appointed Edinburgh, UK-based law company Castletown Law to advise it on law and legislation for the country’s advanced civil nuclear energy programme. Last week, Fermi Energia selected GE Hitachi Nuclear Energy’s BWRX-300 small modular reactor for potential deployment in the Baltic country by the early 2030s. Castletown said the work will …

EDF Group Results 2022 – highlights for EDF in the UK

Please follow this link to the EDF Group media release relating to the Group’s Annual Results for 2022 which were published this morning. These relate to the consolidated performance of EDF Group and include a summary of EDF’s performance in the UK. With a strong operational performance by our nuclear fleet, our overall financial performance has improved …

NANO Nuclear Energy Inc. Announces Its New Subsidiary, HALEU Energy Fuel Inc. The New Company Will Focus on Creating a Domestic Source of High-Assay Low Enriched Uranium to Supply the Next Generation of Advanced Nuclear Reactors

NANO Nuclear Energy Inc. (“NANO Nuclear”), a company emerging from the shared micro Small Modular Reactor (µSMR) and Advanced Nuclear Reactor (ANR) ambitions of a world class nuclear technical team, filled with influential and foremost nuclear experts in the field, working alongside business and industry professionals, possessing strong relationships with both government, and the private and public nuclear industries, …

Reactor internals delivered to Kursk II-1

The reactor internals – including a 10-metre internal shaft, a baffle and a block of protective pipes – have been delivered to the construction site of the first power unit at Kursk II in western Russia. The internals were manufactured by the Volgodonsk branch of JSC AEM-Technologies (part of the machine-building division of Rosatom – …

U.S. ramps up advanced fuel production capabilities

 Nine out of the ten advanced reactor designs selected for funding under the U.S. government’s Advanced Reactor Demonstration Program (ARDP) will require advanced fuel, such as high-assay low-enriched uranium (HALEU) and TRIstructural-ISOtropic (TRISO) particles, but there are no commercial suppliers of such fuels currently operating in the United States. U.S. uranium enrichment capability has dwindled …

T.U.UN Announces Updated “at-the-market” Equity Program

Sprott Asset Management LP (“Sprott Asset Management”), on behalf of the Sprott Physical Uranium Trust (TSX: U.UN) (TSX: U.U) (the “Trust” or “SPUT”), a closed-ended trust created to invest and hold substantially all of its assets in physical uranium, today announced that the Trust has updated its at-the-market equity program (the “ATM Program”) to issue up to …

Manchin, Barrasso and Risch Introduce Bipartisan Nuclear Fuel Security Act

Today, U.S. Senators Joe Manchin (D-WV), Chairman of the Senate Energy and Natural Resources Committee, John Barrasso (R-WY), Ranking Member of the Senate Energy and Natural Resources Committee, and Jim Risch (R-ID) introduced the Nuclear Fuel Security Act (NFSA). The bipartisan legislation directs the Secretary of the U.S. Department of Energy (DOE) to establish a nuclear fuel …

S. Korea saw record-high nuclear power generation last year

Last year, South Korea’s nuclear power plants generated record-high nuclear power. The proportion of energy generated from nuclear power plants was the highest in six years, which is equivalent to that of the pre-nuclear phase-out policy of the former Moon Jae -in administration. According to KEPCO’s “December Electric Power Statistics Month” on Tuesday, last year’s …

T.EFR Completes Sale of Alta Mesa Property to enCore Energy for Total Gross Proceeds of $120 Million

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) (“Energy Fuels” or the “Company”) is pleased to announce that it has completed the sale (the “Closing“) of three (3) wholly-owned subsidiaries that together hold Energy Fuels’ Alta Mesa ISR Project (“Alta Mesa“) to enCore Energy Corp. (“enCore“) for total consideration of $120 million (the “Transaction“). Unless otherwise indicated, …