The South Korean government announced on May 11 that the construction of Shin Hanul Nuclear Power Plant Units 3 and 4 would start in 2025 and an application would be made next year so that Kori Units 2 can be operated beyond its service life. In the same context, it is going to change laws …
British nuclear services company Cavendish Nuclear has signed a Memorandum of Understanding (MoU) with X-energy of the USA to act as its deployment partner for High Temperature Gas-Cooled Reactors (HTGRs) in the UK. The UK plans to build an HTGR as the centrepiece of its Advanced Modular Reactor Research, Development & Demonstration Programme. In a …
A major Japanese steel-maker is calling for a quicker restart of nuclear reactors that were idled after the Fukushima disaster more than a decade ago as it grapples with soaring energy costs. Tokyo Steel Manufacturing Co., Japan’s biggest producer of steel made from scrap, said more nuclear power generation was essential to revive the competitiveness …
Russia’s invasion of Ukraine on 24 February 2022 shook the world to its core. Unsurprisingly, the vast majority of states didn’t hesitate to publicly condemn Russia’s unilateral aggression and express solidarity with Ukraine. Japan was no exception. Tokyo has joined the international response to Putin’s aggression by imposing sanctions on Russia on an unprecedented scale. The impact …
Nuclear power critics say the legislation could amount to a blank check for private companies researching nuclear reactor technology, while supporters say it would create jobs and bring in federal contracts. Three years ago, Ohio lawmakers attempted to bail out the state’s aging nuclear power plants with a law to make utility customers pay more …
On April 26, the Japan Business Federation (Keidanren) released a proposal toward the achievement of carbon neutrality by 2050. Based on the concepts of creating a virtuous economic and environmental cycle and fundamentally reforming society and the economy as a whole—a “Green Transformation” (GX)—it points to four key aspects: innovation, transition (a smooth shift to …
Cameco (TSX: CCO; NYSE: CCJ) has announced the election of nine board members at its annual meeting held on May 10, 2022. Shareholders elected board members Leontine Atkins, Ian Bruce, Daniel Camus, Donald Deranger, Catherine Gignac, Tim Gitzel, Jim Gowans, Kathryn Jackson and Don Kayne. Voting Results for Cameco Directors Nominee Votes For % Votes For …
Dasa Uranium Project Fully Permitted and On Schedule for Development and Financing Toronto, ON: Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX: GLO, OTCQX: GLATF, FRANKFURT: G12) announced today its operating and financial results for the three months ended March 31, 2022. HIGHLIGHTS Dasa Uranium Project In Q4 2021, the Company began a 15,000-meter drill …
Cameco (TSX: CCO; NYSE: CCJ) and Orano Canada Inc. (Orano) have reached agreement with Idemitsu Canada Resources Ltd. (Idemitsu) to acquire Idemitsu’s 7.875% participating interest in the Cigar Lake Joint Venture. Upon closing, Cameco’s ownership stake in the Cigar Lake uranium mine in northern Saskatchewan will increase by 4.522 percentage points to 54.547%, while Orano’s share …
Phase 2 of the public hearing for NB Power’s licence renewal application for the Point Lepreau Nuclear Generating Station got underway Tuesday in Saint John. NB Power continued to plead its case to the Canadian Nuclear Safety Commission (CNSC) for a first-in-Canada 25-year renewal that would see operations continue into 2047. Representatives for the corporation said this timeframe would …
