T.GLO Announces Q3 Results

Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX: GLO, OTCQX: GLATF, FRANKFURT: G12) announced today its operating and financial results for the three and nine months ended September 30, 2022. HIGHLIGHTS Dasa Uranium Project In September, the Company completed a 15,000-meter drill program at its Dasa Project that began in Q4 2021, which due …

German lawmakers OK delay in switching off nuclear plants

German lawmakers have approved a plan to keep the country’s three remaining nuclear power plants until mid-April German lawmakers have approved a plan to keep the country’s three remaining nuclear power plants until mid-April, extending their life beyond the originally planned shut-off at the end of this year. The lower house of parliament voted 375-216 …

US DOE announces funding for HALEU demonstration

Centrifuge casings at the Piketon HALEU demonstration facility (Image: Centrus) The USD150 million cost-shared award will see a Centrus Energy Corp subsidiary demonstrate US ability to produce high-assay low-enriched uranium (HALEU) for advanced reactors, with an enrichment cascade producing up to 20 kg of HALEU in operation by the end of next year. The award …

T.FCU Signs Engagement and Capacity Agreement With Birch Narrows Dene Nation

FISSION URANIUM CORP. (” Fission ” or the ” Company “) is pleased to announce that it has entered into an Engagement and Capacity Agreement (the ” Agreement “) with the Birch Narrows Dene Nation (“BNDN”). Fission’s PLS project (the ” Project “) in the southwest Athabasca Basin region is within the BNDN’s Ancestral Lands. Fission commenced an Environmental Assessment in December 2021 and expects to complete a …

Romania secures $3 billion US funding for two nuclear reactors

File photo. A vessel passes by the Cernavoda nuclear powerplant, in background, while navigating on the Danube-Black Sea channel, near Cernavoda city at 170 km south-east from Bucharest, Monday 25 August 2003. [Robert Ghement/EPA/EFE] Romania announced Wednesday (9 November) that the United States will provide funding worth more than $3 billion for the construction of …

T.CCO Produces First Packaged Pounds Following McArthur River/Key Lake Restart

Cameco (TSX: CCO; NYSE: CCJ) announced that the first pounds of uranium ore from the McArthur River mine have now been milled and packaged at the Key Lake mill, marking the achievement of initial production as these facilities transition back into normal operations. “McArthur River and Key Lake are among the best and most prolific uranium …

‘Nuclear is Making a Strong Comeback’, IEA’s Birol Tells IAEA Director General Grossi at IAEA COP27 Event

IAEA Director General Rafael Mariano Grossi spoke with Fatih Birol, Executive Director of the International Energy Agency (IEA), at the IAEA event, ‘Affordability, Resilience and Security of Energy Supply’, which took place that the IAEA-led COP27 #Atoms4Climate pavilion. (Photo: IAEA) IAEA Director General Rafael Mariano Grossi led a panel of officials from around the world in …

German utility E.ON sells 99% of Isar 2 nuclear site’s 2022 output

German utility E.ON (EONGn.DE) said on Wednesday it had sold 99% of the remaining 2022 output from its Isar 2 nuclear plant ahead of the reactor’s planned closure in March 2023. The company’s presentation slides for nine-month financial results showed power production from Isar 2 in E.ON’s non-core PreussenElektra unit was sold at 99 euros ($99.59) per megawatt hour (MWh), as …

At COP27, nuclear power industry vies for bigger role in decarbonizing planet

Nuclear energy supporters including politicians and activists sought to polish the industry’s spotty image on Wednesday, using the COP27 climate summit in Egypt to argue that atomic power offers a safe and cost-efficient way to decarbonize the world. Rising concerns about the swift pace of climate change and tight power supplies around the globe have softened some …