India wants to embrace nuclear power. To do it, it’ll need a lot of time and money

India wants more nuclear power, has pledged over $2 billion toward research and will change laws to boost investment to do it. The pledges were made by India’s finance minister earlier this month as part of a plan to expand electricity generation and reduce emissions. Nuclear power is a way to make electricity that doesn’t …

Uranium Markets Trumped by Uncertainty (T.U.UN)

Uranium Spot Struggles While Miners Gain: Uranium prices were down 3.09% in January, finding support at around $70 per pound.1 Despite this, uranium miners outperformed with a modest 1.45% gain, and junior miners surged 6.00% as they played catch-up. Early 2025 Turbulence: The uranium sector experienced volatility through January, largely due to the emergence of the Chinese artificial …

V.SYH Announces Closing of Option and Purchase Agreements with Hatchet Uranium for Several of its Uranium Projects Located in the Athabasca Basin

 Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQX: SYHBF) (Frankfurt: SC1P) (“Skyharbour” or the “Company”), is pleased to announce that, further to its news release dated November 4th, 2024, closing has occurred on the option agreement (the “Agreement”) with Hatchet, whereby Hatchet Uranium Corp. (“Hatchet”) may acquire an 80% interest in the Company’s 17,606 ha Highway Uranium Property (the “Optioned Property”) and a …

Jindal Nuclear plans to build 18GWe of nuclear power generation capacity in India

Jindal Nuclear plans to build 18GWe of nuclear power generation capacity in India over the next two decades, various local media reported citing a company statement. Jindal Nuclear, which is a part of the Naveen Jindal Group, and a 100% subsidiary of Jindal Renewables, said that the plan will include Bharat small reactors, small modular reactors …

France tempts AI firms with its nuclear electricity

UK-based AI cloud provider Fluidstack has signed a memorandum of understanding with the French government to construct one of the world’s largest decarbonised AI supercomputers in France. Meanwhile, utility EDF has identified four sites on its own land that it will offer for data centres. Announced at the AI Action Summit in Paris, under the …

Vietnam approves nuclear power plan aiming for reactor online in next decade

Vietnam formally approved a nuclear power development plan with the aim of having a reactor online in the next decade, an ambitious strategy to lift energy security and meet aggressive economic growth targets. The Southeast Asian nation launched a regulatory framework and plans to establish human resources and research infrastructure needed to develop atomic energy …

Canadian critical minerals companies not panicked by Trump tariff threat because of 10% carve-out

Canada’s critical minerals sector would suffer a significantly less punishing blow from U.S. President Donald Trump’s threatened tariffs compared with the broader Canadian economy if he moves ahead. Mr. Trump earlier this week temporarily backed off from imposing 25-per-cent tariffs on most Canadian imports, but the risk remains high, with the possibility that he’ll follow …

New York leads multi-state consortium to drive nuclear energy deployment and support state clean energy goals

The National Association of State Energy Officials (NASEO) announced a multi-state initiative to accelerate advanced nuclear energy projects. The initiative was first previewed by Gov. Kathy Hochul of New York last month and will be co-chaired by New York, Indiana, Kentucky, Tennessee, and Wyoming. They will be joined by Maryland, Pennsylvania, Utah, Virginia, and West …