Nuclear power to account for up to 35 pct of energy mix, minister says

Nuclear power will ultimately make up 30-35 percent of Poland’s energy mix while the rest will mostly come from the renewable energy sources, the development and technology minister has said. Waldemar Buda told the Republika TV station on Tuesday that “in 10-12 years our energy mix will look completely different from today.” “A nuclear power …

Japan looks to finalize nuclear reactor service extension by year-end

The No. 2 reactor building of Chugoku Electric Power’s nuclear power plant in Matsue, Shimane Prefecture, in September 2021. Nuclear power plant operators are required to comply with tougher regulation which were implemented after the Fukushima nuclear disaster of March 11, 2011. | KYODO Japan’s industry ministry is considering extending the lifespan of nuclear reactors …

Macron praises ‘ambitious cooperation’ with Sunak on nuclear energy in huge boost for UK

France is a nuclear energy giant, normally generating 70 percent of its electricity from this power source French President Emmanuel Macron had pledged to engage in “ambitious cooperation” with Prime Minister Rishi Sunak on nuclear energy amid fears that fuel imports from Russia will plummet this winter. In their first meeting since Mr Sunak replaced shortest-ever UK leader Liz Truss, the …

T.CCO Signs Uranium Supply Agreement with China Nuclear International Corporation

Cameco (TSX: CCO; NYSE: CCJ) announced that it has signed a uranium supply agreement with the China Nuclear International Corporation, a subsidiary of the China National Nuclear Corporation (CNNC), one of the country’s largest nuclear power operators. The contract, finalized earlier this year, was marked as part of the China International Import Expo 2022. “China is …

T.GLO Begins Dasa Underground Development With Opening Blast Ceremony

Global Atomic Corporation (“Global Atomic” or the “Company”, TSX:GLO; OTCQX:GLATF; Frankfurt:G12), is pleased to announce that underground development has officially commenced at the Dasa Uranium Project in the Republic of Niger. On November 5, 2022, Global Atomic hosted over 800 people for the Opening Blast Ceremony at the Dasa Mine which marks a significant milestone …

EDF signs agreement to acquire GE Steam Power’s nuclear activities

The deal also includes steam turbine technologies such as the European pressurised reactors and small modular reactors. French state-owned electric utility company Électricité de France (EDF) has signed a binding agreement with General Electric (GE) to acquire GE Steam Power’s nuclear activities. GE Steam Power’s business activities include the production of conventional island equipment for the new nuclear …

T.EFR Announces Q3-2022 Results, Including Continued Robust Balance Sheet and Market-Leading U.S. Uranium & Rare Earth Positions

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) (“Energy Fuels” or the “Company”) today reported its financial results for the quarter ended September 30, 2022. The Company’s quarterly report on Form 10-Q has been filed with the U.S. Securities and Exchange Commission (“SEC“) and may be viewed on the Electronic Document Gathering and Retrieval System (“EDGAR“) at www.sec.gov/edgar.shtml, on the …

U.UN Announces Third Quarter 2022 Results

Sprott Inc. (NYSE/TSX: SII) (“Sprott” or the “Company”) today announced its financial results for the three and nine months ended September 30, 2022. Management commentary “Sprott delivered solid results during the third quarter as we remained focused on executing our strategy against a backdrop of ongoing market turbulence. Assets Under Management (“AUM”) were $21 billion as …

Canadian Government Recognises Nuclear as Clean Energy

The federal government’s inclusion of small modular reactors (SMRs) amongst clean energy technologies eligible for a new investment tax credit has been greeted as a clear signal that it considers nuclear power to be “clean energy” on a par with all other low-carbon technologies. The 2022 Fall Economic Statement was released on 3 November by Deputy Prime …