Sweden’s new government to begin “immediate work” on nuclear expansion

The Ringhals nuclear power plant 30km south of Gothenburg (Tubaist/CC BY-SA 3.0) The newly installed government of Sweden will tell state-owned utility Vattenfall to build more nuclear reactors, energy news provider Montel reports. The government is made up of a coalition of three centre-right parties, who have finally hammered out an agreement after scoring a narrow …

U.UEC Completes Acquisition of the World-Class Development-Stage Roughrider Uranium Project From Rio Tinto

Uranium Energy Corp (NYSE American: UEC, the “Company” or “UEC”) is pleased to announce that it has completed its previously announced acquisition of the Roughrider uranium development project (“Roughrider” or the “Project”) located in the Athabasca Basin in Saskatchewan, Canada (the “Transaction”) from a subsidiary of Rio Tinto plc (“Rio Tinto”). Under the terms of …

T.DML Announces History-Making Recovery of Uranium Bearing Solution from Phoenix ISR Feasibility Field Test

Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE American: DNN) is pleased to announce that it has successfully recovered uranium bearing solution from the Phoenix in-situ recovery (“ISR”) Feasibility Field Test (“FFT”) underway at the Company’s 95% owned Wheeler River project (“Wheeler River” or the “Project”). View PDF version David Cates, Denison’s President & CEO, commented, “The successful …

T.CCO Announces Closing of US$747.6 Million Bought Deal Offering of Common Shares

Cameco today announced the closing of its previously announced bought deal offering of 34,057,250 common shares of Cameco, including the exercise in full of the underwriters’ option to purchase additional common shares, at a price of $21.95 per share, for gross proceeds to us of approximately $747.6 million (the “Offering”). We intend to use the …

Ameren Missouri expects $1.3B in Inflation Reduction Act tax credits will help offset customer rates by 4.5%

Ameren Missouri expects it will earn $1.3 billion in clean energy production tax credits from 2023 to 2032, largely from the Inflation Reduction Act, helping offset customer rates by 4.5%, on average, over that period, the utility said in an Oct. 12 filing at the Missouri Public Service Commission. Ameren Missouri expects to receive PTCs …

Vogtle Unit 3 starts nuclear fuel load

Marks historic moment for modern U.S. nuclear industry Milestone is pivotal prior to startup testing and commercial operation The new nuclear unit projected to enter service in the first quarter 2023 Georgia Power announced tonight that fuel load into the Vogtle Unit 3 reactor core has begun at Plant Vogtle near Waynesboro, Ga. The fuel load process …

Hongyanhe district heating project into final stages

Construction is reportedly 95% complete on the demonstration nuclear heating project at the Hongyanhe nuclear power plant in China’s Liaoning province and it aims to be up and running within the next month. The China Nuclear Energy Association, citing the Dalian Daily newspaper, said that construction has progressed well since July for the project which is jointly …

V.SYH Intersects Additional Uranium Mineralization at High-Grade Moore Lake Project and Plans for Upcoming Winter Drill Programs

Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQX: SYHBF) (Frankfurt: SC1P) (the “Company”) is pleased to announce assay results from the 2022 spring diamond drilling program at its 100% owned, 35,705 hectare Moore Uranium Project, located approximately 15 kilometres east of Denison Mine’s Wheeler River project and proximal to regional infrastructure for Cameco’s Key Lake and McArthur River operations in the Athabasca Basin, Saskatchewan. …

Finland hopes new nuclear reactor eases energy crunch

Finland’s new Olkiluoto 3 nuclear reactor will be able to produce about one-fifth of the electricity the country consumes Olivier MORIN AFP After over a decade of delays, the deafening sound of Finland’s new Olkiluoto 3 nuclear reactor finally running its turbine at full power was welcomed with joy — and relief. The Nordic country is …