Uranium Energy Corp (NYSE: UEC) (the “Company” or “UEC”) is pleased to report that it has now secured an additional 400,000 pounds of U.S. warehoused uranium, expanding its physical uranium program to 5 million pounds U3O8, with delivery dates out to December 2025 at a volume weighted average price of ~$38 per pound. UEC’s physical uranium program represents an …
As the earth warms at a daunting pace and the war in Ukraine sends gas and oil prices skyrocketing, nuclear power is starting to look like a much more appealing option. Even some passionate antinuclear activists have come around, and now view the dangers of fossil fuels as much more worrisome than issues related to …
April 20, 2022 – Kairos Power has assembled leading North American utilities and generating companies to launch an advanced nuclear development consortium named Kairos Power Operations, Manufacturing and Development Alliance (Kairos Power-OMADA) to advance the development of the company’s advanced fluoride salt-cooled high-temperature reactor (KP-FHR) technology. Current member corporations include: Bruce Power, Canada’s only private sector nuclear …
Michigan Gov. Gretchen Whitmer is looking to tap a newly created federal nuclear power plant bailout fund to keep Palisades Nuclear Plant open. The Entergy Corp.-owned, 800-megawatt reactor five miles south of South Haven is scheduled to retire for good at the end of May. The shutdown removes a substantial power source from the grid, as Palisades …
The Biden administration is launching a $6 billion effort to save nuclear power plants at risk of closing, citing the need to continue nuclear energy as a carbon-free source of power that helps to combat climate change. A certification and bidding process opened on Tuesday for a civil nuclear credit program that is intended to …
Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (“Purepoint” or the “Company”) announced today the completion of its winter drill program at the 100%-owned Red Willow project within the eastern uranium mine district of the Athabasca Basin, Saskatchewan Canada. The winter drilling has defined a continuous corridor of elevated radioactivity associated with the Osprey Zone electromagnetic (EM) conductor. …
Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX: GLO, OTCQX: GLATF, FRANKFURT: G12) is pleased to report the latest corporate developments including drilling results and project financing progress. Stephen G. Roman, President and CEO commented, “Global Atomic continues to move forward on developing and expanding the Dasa Project. The recent drilling continues to enhance …
On April 18, the second unit of HPR1000 overseas, K3 unit in Karachi, Pakistan, passed the temporary acceptance. By this time, the two units of the first overseas project of HPR1000 are in operation. The construction of HPR1000 Projects in Pakistan epitomizes the deepening comprehensive strategic cooperative partnership between China and Pakistan in the New Era, and …
If the necessary policies are implemented, the goal of carbon neutrality by 2060 is ambitious, but achievable. During an April interview with The Astana Times, Judy Kuo, chargé d’affaires at the U.S. embassy in Nur-Sultan, discussed Kazakhstan’s plans to become carbon neutral by 2060. Kuo highlighted how “Kazakhstan is blessed with abundant natural resources that are …
Nuclear power is a controversial but essential energy source, and may enjoy a renaissance in some regions amid energy security and climate change concerns. Actual disasters and the threat of one have made nuclear an uncomfortable energy choice, yet it still provides about 10% of global electricity supplies. Despite the risks involved, as well as …
