Urenco marks installation of new US enrichment capacity

Urenco has installed the first new centrifuges of an expansion project in the United States, which is on track to be delivering additional capacity next year. The centrifuges were installed in an existing centrifuge hall at the company’s enrichment site in Eunice, New Mexico. Federal, State and local officials, Urenco leadership, representatives of the more …

Prime Minister Golob: “Nuclear energy is part of the solution to the climate crisis, not part of the problem”

At the invitation of Prime Minister Robert Golob, the Director General of the International Atomic Energy Agency (IAEA), Dr Rafael Mariano Grossi, is visiting Slovenia today. His visit began with a meeting with the Prime Minister, followed by participation in a panel discussion on the importance of nuclear energy, chaired by the Prime Minister. The …

DOE proposes serial development approach for nuclear reactors as load growth, IRA boost valuations

Emulating the demand-aggregation approach Boeing used for the 787 Dreamliner could create a “committed orderbook” of 5-10 new reactors of the same design and cut near-term deployment costs, DOE says. Faster-than-expected load growth and Inflation Reduction Act incentives have spurred “a step change in the valuation of the existing [nuclear] fleet and new reactors,” the …

T.CCO eyes expansions of uranium mines on rising nuclear demand

Cameco Corp., one of the world’s top uranium producers, is considering expanding some of its mining projects as global demand for nuclear power rises, according to its top executive.   “We’ve got some fantastic uranium ore bodies, and we’re looking to extend and expand those where we can,” chief executive Tim Gitzel said in an interview on Bloomberg …

T.GLO Announces Public Offering Increased to C$35 Million

Global Atomic Corporation (“Global Atomic” or the “Company”) (TSX: GLO, FRANKFURT: G12) is pleased to announce that due to significant investor demand, it has entered into an amended and restated underwriting agreement with Red Cloud Securities Inc., as lead underwriter and sole bookrunner, and Canaccord Genuity Corp. (collectively, the “Underwriters”) to increase the size of its previously announced public …

Italian steelmakers follow the development of technologies in nuclear energy

The industry association believes that this can become a structural solution to the energy supply problem Italian steelmakers are interested in purchasing nuclear power, Antonio Gozzi, president of the Italian steelmakers’ association Federacciai, said at a recent hearing in the Chamber of Deputies. This is reported by ANSA. Federation members are following with interest the development of …

Private sector advances proposal for large-scale nuclear power plant in northern Alberta

Nuclear produces no carbon emissions, but comes with tradeoffs As Alberta grapples with the climate crisis and the need to reduce carbon emissions, it may look to replace the role of fossil fuels in its electricity grid with another controversial energy source — nuclear. Calgary-based company Energy Alberta, which was involved in a previous attempt to bring …

World’s Top Uranium Miner Backs Nuclear Plant in Referendum

Voters in Kazakhstan, the world’s largest uranium miner, backed the construction of a nuclear power plant in a referendum on Sunday. Kazakhstan’s central election commission said on Monday that 71% of voters cast their ballots in favor of the government plan to build a new reactor. Turnout was about 64%, well above the threshold necessary …

Foremost Clean Energy Completes First Phase of Option Agreement with T.DML for Interest in 10 Uranium Properties in the Athabasca Basin

Denison becomes Foremost’s largest shareholder at 19.95% Foremost Clean Energy Ltd. (NASDAQ: FMST) (CSE: FAT) (“Foremost Clean Energy”, “Foremost” or the “Company”), an emerging North American uranium and lithium exploration company, is pleased to announce today that, further to its announcement of September 23, 2024, it has now completed Phase One of its transaction (the …