Uzbekistan to build Central Asia’s first low-power nuclear facility

Uzbekistan is set to develop Central Asia’s first low-power nuclear facility using Russian technology, News.Az reports citing foreign media. Uzbekistan is set to develop Central Asia’s first low-power nuclear facility using Russian technology, News.Az reports citing Kazinform. The building start-up contract was signed by Russian President Vladimir Putin on May 27. Uzbekistan’s Atomic Energy Agency …

First UK reactor design submitted for justification

Rolls-Royce SMR is first ever UK reactor design to be submitted for consideration Evaluation of potential benefits and detriments is required for in-principle justification of any new nuclear practice The Nuclear Industry Association has applied for a justification decision for Rolls-Royce SMR’s reactor design. Our application makes the case that the benefits of clean, firm, flexible …

Fleischmann Proposes $9 Billion Boost for Advanced Nuclear Energy Projects

The top DOE appropriator in the House seeks to accelerate two existing demonstration projects and the deployment of small modular reactors. The House Appropriations Committee passed legislation last week that would provide a $9 billion boost  to two existing nuclear reactor demonstration projects and the deployment of at least one small modular reactor, despite criticism from Democrats …

T.LAM Announces the Appointment of Vice-President for Operations and Strategic Planning, U.S. and Provides Update on Drilling Activity in Australia

Laramide Resources Ltd. (“Laramide” or the “Company”) (TSX: LAM) (ASX: LAM) (OTCQX: LMRXF), a uranium mine development and exploration company with globally significant assets in the United States and Australia, is pleased to announce the appointment of Mr. Josh Leftwich as Vice-President for Operations and Strategic Planning, U.S.A. Mr. Leftwich’s substantive professional expertise will be instrumental in advancing Laramide’s U.S. uranium assets through development …

Paladin Energy aims to enter big three producers with T.FCU takeover

The Australian uranium producer’s output would be third globally, behind Kazatomprom and Cameco Corp. Paladin Energy Ltd.’s top boss says its takeover of Fission Uranium Corp. would make it the third-largest publicly traded uranium producer, offering investors an alternative in a sector dominated by two giants. Paladin would churn out 10 per cent of global uranium output after …

Construction starts on Xudabao 2

The first batch of concrete has been poured for the nuclear island of unit 2 at the Xudabao nuclear power plant in China’s Liaoning Province, marking the official start of construction of the unit. The construction of units 1 and 2 of the Xudabao (also known as Xudapu) plant was approved by China’s State Council …

T.GLO Announces the Credit Committee Meeting to Review the Dasa Funding Opportunity Has Been Postponed

Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX: GLO, OTCQX: GLATF, FRANKFURT: G12) reports that the presentation of the debt financing facility to the Credit Committee of a U.S. Development Bank has been postponed to August.  The Bank decided not to bring this project to the Credit Committee in July, citing a need to …

V.GXU Uranium Letter to Stakeholders

GoviEx Uranium Inc. (TSXV: GXU) (OTCQX: GVXXF) (“GoviEx” or “Company”) today provides a letter to stakeholders from the Executive Chairman, Govind Friedland. Dear Stakeholders, Nearly two weeks ago, our Company was informed by the Government of the Republic of Niger that it no longer has rights over the perimeter of the mining permit for our …