Nuclear energy could make a comeback under Democrats’ new bill

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 funds to be committed to nuclear industry revival

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 …

Nuclear power’s role in green goals grows

China is expected to further expand its installed nuclear power capacity during the 2022-25 period as the country goes full speed ahead with its green energy transition, eyeing carbon neutrality by 2060, said an industry group. Prompted by the goal of peaking carbon emissions and achieving carbon neutrality, China is expected to approve six to …

U.UEC Announces Receipt of New Denison Proposal to Acquire T.UEX

Denison’s Latest Non-Binding Offer Equates to 20% Dilution to Denison shareholders on a Fully Diluted Basis UEC’s Accepted Offer Equates to Only 15% Dilution to UEC Shareholders on a Fully Diluted Basis There is Overwhelming Support from UEX Shareholders for the UEC Offer Uranium Energy Corp. (NYSE American: UEC, the “Company” or “UEC”) announces that …

T.DML Delivers Further Acquisition Proposal to T.UEX

Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE American: DNN) has made a further proposal (an “Acquisition Proposal”) to acquire all of the issued and outstanding shares of UEX Corporation (“UEX”). Under the terms of the Acquisition Proposal, UEX shareholders would receive 0.32 shares of Denison in exchange for each share of UEX held, …

Dow, X-energy to drive carbon emissions reductions through deployment of advanced small modular nuclear power

Dow and X-energy announced that they have signed a letter of intent which will help Dow advance its carbon emissions reduction goals through the development and deployment of X-energy’s advanced small modular nuclear technology in the U.S. Dow and X-energy collaborate on intent to provide process heat and power at one of Dow’s U.S. Gulf …

T.UEX Corporation Announces Further Superior Proposal

UEX Corporation (TSX:UEX) (“UEX” or the “Company”) announces that the Board of Directors of the Company (the “Board”) has unanimously determined, after consultation with its financial and legal advisors, that the unsolicited non-binding proposal that was received by the Company from Denison Mines Corp. (“Denison”) on August 8, 2022 (the “Denison Offer”) for the acquisition of …

T.DML Announces Phoenix ISR Feasibility Field Test is Fully Permitted

Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE American: DNN) is pleased to announce that it has received a License to Possess, Use, Store and Transfer a Nuclear Substance (“Nuclear Substance License”) from the Canadian Nuclear Safety Commission (“CNSC”) for the In-Situ Recovery (“ISR”) Feasibility Field Test (“FFT”) planned for the Phoenix uranium deposit at the Company’s 95% owned Wheeler …

T.DML Announces Expiry of Offer to Acquire UEX

Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE American: DNN) announces that its confidential offer to acquire UEX Corporation (“UEX”) dated July 22, 2022 (the “Acquisition Proposal”) has expired. View PDF version Despite Denison’s Acquisition Proposal representing a premium to the 10-day and 20-day volume weighted average price implied by both the original agreement between UEX and Uranium Energy …