Linglong One reactor pit installed at Changjiang

The steel reactor pit has been installed for the ACP100 multi-purpose small modular reactor (SMR) demonstration project at China’s Changjiang NPP on the island province of Hainan China National Nuclear Corporation (CNNC) said. The 4.85-tonne reactor pit was installed on 7 April in an operation lasting 40 minutes. The steel pit was designed and manufactured …

OTC Markets Group Welcomes U.U to OTCQX

OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for 12,000 U.S. and international securities, today announced Sprott Physical Uranium Trust (TSX: U.UN/U.U; OTCQX: SRUUF), has qualified to trade on the OTCQX® Best Market. Sprott Physical Uranium Trust upgraded to OTCQX from the OTCQB® Venture Market. Sprott Physical Uranium Trust begins trading today on OTCQX under the …

V.PTU Closes its Fully Subscribed Private Placement for Gross Proceeds of C$3.5 Million

Purepoint Uranium Group Inc. (TSXV: PTU) (“Purepoint” or the “Company”) has announced the closing of its brokered private placement (the “Private Placement”) previously announced on March 14, 2022, with Red Cloud Securities Inc. (“Red Cloud”) pursuant to which Red Cloud acted as lead agent and sole bookrunner. In connection with the closing, the Company issued …

Guangdong plans to build nuclear power industrial parks to ensure energy security

South China’s Guangdong Province, a major manufacturing hub, released its 14th Five-Year Plan (2021-25) for energy on Wednesday, vowing to promote the development of clean energy while ensuring energy security. According to the plan released by the provincial government, Guangdong will develop the nuclear energy industry, with new nuclear power industrial parks to be built …

EGA plans shift to nuclear and solar for aluminium production as demand soars

Exclusive: a massive move to sustainability is driving the UAE’s industrial sector focus, says chief executive of Dubal Holding, which owns 50 per cent of EGA Emirates Global Aluminium (EGA), the UAE’s biggest industrial company outside the oil and gas sector, will soon make a complete shift to nuclear and solar energy to produce aluminium, …

French presidential election: Future of nuclear power and EDF down to voters

Both Emmanuel Macron and Marine Le Pen, the candidates that qualified for the second round of the French presidential election, support the revival of nuclear energy. However, they differ in their ambitions, strategies and modus operandi. EURACTIV France reports. EDF, the French multinational electric utility company, is looking to diversify its energy sources – in particular, focusing …

T.EFR Hits Critical Mineral ‘Trifecta’ in Rare Earths, Uranium & Vanadium; Now Performing Commercial-Scale Partial Rare Earth Separation

Energy Fuels Inc. (NYSE: UUUU) (TSX: EFR) (“Energy Fuels” or the “Company”) is pleased to announce that during the week of April 4, the Company’s White Mesa Mill located near Blanding, Utah (the “Mill“) made three (3) commercial shipments of three (3) critical mineral products. During that week, Energy Fuels shipped: Natural uranium concentrates (“U3O8“) to the Metropolis …

South Korea signals nuclear fuel U-turn as global energy crisis looms

South Korea is the world’s fifth-largest nuclear power producer © SeongJoon Cho/Bloomberg Incoming administration cites rising greenhouse gas emissions and Russian invasion of Ukraine South Korea’s incoming government will reverse the country’s nuclear phaseout plan, which had been criticised for intensifying the east Asian country’s dependence on fossil fuels. Won Hee-ryong, policy chief on President-elect …

France’s EDF could sell renewables to focus on nuclear – BFM

France is considering restructuring plans for debt-laden power firm EDF (EDF.PA) that include full nationalisation followed by the sale of its renewables business to focus on nuclear energy, BFM Business reported, citing unidentified sources. The website said the government was working with investment bank Goldman Sachs on several restructuring scenarios. The sale of the renewables business could …