Cameco announces 2022 results; strong market fundamentals captured in record long-term contracting of 80 million pounds uranium and 17 million kgU of conversion services; disciplined return to tier-one run rate with exposure to improving prices Cameco (TSX: CCO; NYSE: CCJ) today reported its consolidated financial and operating results for the fourth quarter and year ended …
our bills to enable harnessing power from small modular nuclear reactors for the grid and locating one or more in Southwest Virginia emerged from the Virginia House of Delegates and are now up for Senate consideration. House Bill 2333 promotes the development of small modular nuclear reactors by requiring the State Corporation Commission to establish …
Global Atomic Corporation (“Global Atomic” or the “Company”) (TSX: GLO, FRANKFURT: G12) is pleased to announce that it has filed a final short form prospectus with the securities regulatory authorities in each of the provinces of Canada (other than Québec) in relation to its previously announced overnight marketed public offering (the “Offering”) of units of the Company (the …
A new analysis released today by the California Energy Commission (CEC) found that continuing to pursue an extension of the Diablo Canyon Nuclear Power Plant (DCNPP) would be prudent given grid reliability risks projected to persist in California over the course of the next decade. According to the analysis, California’s energy grid will continue to face significant …
Cameco and Energoatom Agree on Commercial Terms to Supply Ukraine’s Full Natural UF6 Needs through 2035 SE NNEGC Energoatom (Energoatom), Ukraine’s state-owned nuclear energy utility, and Cameco Corporation (Cameco) (TSX: CCO; NYSE: CCJ), one of the largest global producers of uranium fuel based in Canada, have reached agreement on commercial terms for a major supply contract …
A bipartisan band of legislators wants to study the impact of developing new nuclear power technology in Minnesota to inform their future policy decisions. Minnesota since 1994 has had a moratorium on construction of new nuclear power facilities, though it allows the state’s two existing plants to generate energy. Nuclear power qualifies as one of …
NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce the commencement of an expanded 2023 exploration program designed to follow-up positive results from the 2022 exploration drill program and to test prospective areas that have been highlighted by detailed 2022 geophysical surveys. Additionally, NexGen has planned a substantial …
The agreement signed between the Baltic Shipyard and Atomflot is for two more nuclear-powered icebreakers as part of Russia’s Project 22220. Atomflot, operator of the fleet, said the contract says the first of the two new icebreakers is scheduled for commissioning in December 2028, and the second one for December 2030. Metal cutting for the first one is …
The GE Hitachi Nuclear Energy (GEH) BWRX-300 small modular reactor (SMR) has been selected by Fermi Energia for potential deployment in Estonia. “We are honored that our small modular reactor technology has been selected by Fermi Energia to help Estonia fulfill its energy security and climate goals,” said Jay Wileman, President & CEO, GEH. “This …
The Belgian government has asked Engie to investigate whether the operation of the country’s three oldest reactors – Doel units 1 and 2 and Tihange 1 – can be extended until 2027. The reactors are currently scheduled to shut down in 2025. By making the reactors produce less electricity during the summer months the government …
