Biden cheers Senate vote on Inflation Reduction Act, urges House to pass bill quickly

President Biden on Sunday applauded the Senate passage of the Inflation Reduction Act, calling it the “largest investment ever in combatting the existential crisis of climate change” as he urged the House to pass its version of the bill as soon as possible. The president also touted the 775-page climate, health care and tax bill for “making …

US and EU imports of Russian uranium and enrichment services could stop. Here’s how.

Following Russia’s invasion of Ukraine in February, the United States, the European Union, as well as other countries imposed punishing economic sanctions in retaliation for its attack. The United States and the European Union (EU), which combined account for about half the global nuclear power capacity, could go one step further by cutting imports of Russian uranium …

Sinema backs Inflation Reduction Act, clearing hurdle to $369B energy, climate package

Sen. Kyrsten Sinema, D-Ariz., the lone Democratic holdout on the Inflation Reduction Act, on Thursday agreed to support the bill, which includes about $369 billion in energy and climate spending. Senate Democrats aim to pass the bill through the budget reconciliation process, which requires a majority vote and cannot be blocked by a filibuster. Republicans appear …

Quick installation of Zhangzhou 2 steam generators

All three steam generators for unit 2 of the Zhangzhou nuclear power plant in China’s Fujian province have been installed over a five-day period, China National Nuclear Corporation (CNNC) announced. The hoisting of the second steam generator took just 2 hours and 54 minutes, “setting a new record in the history of nuclear power”. Two …

T.EFR Announces Q2-2022 Results, Including Continued Robust Balance Sheet and Market-Leading U.S. Uranium & Rare Earth Positions

Energy Fuels Inc. (NYSE: UUUU) (TSX: EFR) (“Energy Fuels” or the “Company”) today reported its financial results for the quarter ended June 30, 2022. The Company’s quarterly report on Form 10-Q has been filed with the U.S. Securities and Exchange Commission (“SEC“) and may be viewed on the Electronic Document Gathering and Retrieval System (“EDGAR“) at www.sec.gov/edgar.shtml, on the System …

T.DML Reports Financial and Operational Results for Q2 2022, Including Uranium Sales from Production at $74.65 per lb U3O8

Denison Mines Corp. (‘Denison’ or the ‘Company’) (TSX: DML) (NYSE American: DNN) today filed its Condensed Consolidated Financial Statements and Management’s Discussion & Analysis (‘MD&A’) for the quarter ended June 30, 2022. Both documents will be available on the Company’s website at www.denisonmines.com, SEDAR (at www.sedar.com) and EDGAR (at www.sec.gov/edgar.shtml). The highlights provided below are derived from these documents and should …

Global energy crisis drives rethink of nuclear power projects

The Philippines’ Bataan Nuclear Power Plant (BNPP) has not produced any electricity since it was finished in 1984, despite its $2.3 billion price tag and its promise of energy security during the 1970s oil crisis. Approved by former dictator Ferdinand Marcos Sr., his son and new President Ferdinand Marcos Jr. has revived discussions on proposals …

Sellafield ‘tie-in’ connection contract for Ansaldo Nuclear

Ansaldo Nuclear has been awarded a contract for the installation of key connections between existing and new facilities at the Sellafield site in Cumbria, England. It is the first contract awarded under Sellafield Ltd’s Programme and Project Partners new goods and services agreement. Under the contract – the value of which has not been disclosed …

Germany considers U-turn on nuclear phaseout

German Chancellor Olaf Scholz has raised the possibility of lengthening the life of the country’s nuclear power stations. Berlin’s decision to get rid of the plants has come under question amid energy security concerns. The German chancellor on Wednesday said it might make sense to extend the lifetime of Germany’s three remaining nuclear power plants. Germany …