UEX Corporation (TSX:UEX) (“UEX” or the “Company”) is pleased to announce that it has entered into a further amendment (the “Amended UEC Agreement”) to the arrangement agreement dated June 13, 2022, as amended June 23, 2022 and August 5, 2022 among Uranium Energy Corp. (“UEC”), UEC 2022 Acquisition Corp. (the “Purchaser”) and UEX (the “UEC Agreement”). …
In a historic vote, the House passed the Inflation Reduction Act (IRA), including the vital provisions for clean energy sources like nuclear. The bill now heads to President Biden’s desk to be signed into law. The following statement can be attributed to Maria Korsnick, president and chief executive officer at the Nuclear Energy Institute: “Today’s House vote …
This latest S-K 1300 report marks an important milestone, reconfirming UEC’s position as America’s leading ISR uranium company with South Texas and Wyoming Hub & Spoke platforms containing 12 satellite projects, 7 of which are fully licensed, and over 71,000,000 lbs of Measured and Indicated resources and 17,000,000 lbs of Inferred resources Total South Texas …
More nuclear reactors must be restarted for Japan to ensure stable power supply for next summer and beyond, according to the nation’s newly appointed trade minister. “Beyond next summer, it’s important to keep restarting new nuclear power plants,” Yasutoshi Nishimura told reporters in Tokyo on Friday. “The government will work with operators to make sure …
Forms Dasa Project Operating Company and appoints Board of Directors and Senior Management Global Atomic Corporation (“Global Atomic” or the “Company”, TSX:GLO; OTCQX:GLATF; Frankfurt:G12), is pleased to announce the incorporation of Société Minière DASA S.A. or “SOMIDA”, the Company’s Niger mining subsidiary under which the Dasa Uranium Project will operate. SOMIDA will be governed by a …
The reactor pressure vessel (RPV) has been hoisted into place at unit 2 of the Zhangzhou nuclear power plant in China’s Fujian province. Zhangzhou 2 is the second of two Hualong One units being built at the site, scheduled to enter commercial operation in 2024 and 2025, respectively. The RPV – weighing 316 tonnes – …
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 six months ended June 30, 2022. HIGHLIGHTS Dasa Uranium Project In Q4 2021, the Company began a 15,000-meter drill program at the Dasa Project with three objectives: Conduct infill drilling …
A Nuclear Energy Institute (NEI) survey suggests U.S. utility members expect to add up to 90 GW of new nuclear generation by the 2050s, including more than 300 new small modular reactors (SMRs) in the U.S. over the next 25 years. The nuclear industry group’s survey, unveiled on July 29, sought to gather input from chief …
Senior Nuclear Engineer Randall Granaas takes a radiation reading at the ISFSI at the shuttered San Onofre Nuclear Generating Station in California on April 21, 2022. (Photo by Paul Bersebach/MediaNews Group/Orange County Register via Getty Images) Constrained by the capacity limits of renewable energy and ambitions to reduce reliance on fossil fuels, nuclear energy is …
More money will be committed to nuclear energy as the current government seeks to revive an industry greatly weakened by the previous government. It is committing 130.6 billion won ($99.8 million) this year, up from the previously announced 92.5 billion won. The Ministry of Trade, Industry and Energy on Wednesday signed an agreement with Korea …
