Author: John Dyer

T.FCU Becomes Debt Free After Repaying Credit Facility; Continues To Advance Feasibility Study On Schedule

By John Dyer   Posted in Equities
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Company hits multiple feasibility study milestones FISSION URANIUM CORP. (” Fission ” or ” the Company “) is pleased to announce that it has repaid the remaining ~US$7 million balance of its secured credit facility and is now completely debt and lien free. As of April 7, 2022 , the Company holds approximately $40 million of cash and cash equivalents, and has no debt. Fission also …

MEPs demand full embargo on Russian imports of oil, coal, nuclear fuel and gas

By John Dyer   Posted in Politics Supply U
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Call for a special UN tribunal for war crimes in Ukraine Step up delivery of weapons to allow Ukraine to defend itself Use of weapons of mass destruction by Russia would be met with severest consequences Parliament expresses indignation over reported atrocities by the Russian armed forces and demands that perpetrators of war crimes be …

T.UEC Executive VP Scott Melbye Testifies before the U.S. Senate Committee on Energy & Natural Resources

By John Dyer   Posted in Equities
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Uranium Energy Corp (NYSE American: UEC, the “Company” or “UEC”) is pleased to report that Scott Melbye, our Executive Vice President and current President of the Uranium Producers of America, presented testimony to the Senate Committee on Energy and Natural Resources before the Full Committee Hearing on Opportunities and Challenges Facing Domestic Critical Mineral Mining, …

Tennessee site selected for advanced reactor fuel facility

By John Dyer   Posted in Nuclear Technology Pending Reactors U
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A site in Oak Ridge, Tennessee has been selected as the site for the USA’s first commercial high-assay low-enriched uranium (HALEU)-based fuel fabrication facility. Construction of the TRISO-X Fuel Fabrication Facility, or TF3, is to begin this year, with commissioning and start-up as soon as 2025. Xe-100 developer X-energy announced on 4 April that its …

T.UEC Launches Wyoming Hub and Spoke Platform with Filing of S-K 1300 Technical Report Summary

By John Dyer   Posted in Equities
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This filing marks the largest S-K 1300 uranium resource reported in the United States combining the acquired Uranium One Americas, Inc.’s (“U1A”) assets with UEC’s Reno Creek Project. The Irigaray Processing Plant is the Hub central to seven satellite projects across the Powder River Basin and Great Divide Basin, four of which are fully permitted, …

China Nuclear Power Co’s first-quarter electricity output up 15.5per cent

By John Dyer   Posted in Existing Fleet U
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China National Nuclear Power Co’s first-quarter power generation increased by 15.5per cent from the same period last year, with renewables growth outpacing its dominant nuclear arm. Total power output was 47 billion kilowatts hours (kWh) in the first three months of 2022, including 44.3 billion kWh from nuclear power stations and 2.69 billion kWh from …

Indian minister provides uranium, construction updates

By John Dyer   Posted in Existing Fleet Inventory Management Nuclear Attitude U
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India has imported just over 7600 tonnes of uranium in the past three years, mostly from Kazakhstan and Canada, according to official figures released by the government. Minister of State Jitendra Singh provided the data, as well as figures for domestic uranium production, and updates on nuclear construction projects, in written answers to questions in …

Ministers confident of funding new nuclear power ‘considerably cheaper’ as part of energy strategy

By John Dyer   Posted in Nuclear Attitude Nuclear Technology U
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Changes to nuclear funding model and desire for greater energy security behind big bet on nuclear Ministers are increasingly confident of being able to fund a set of new nuclear power stations at a fraction of previous costs as the Government prepares to make nuclear power the centre point of its energy strategy this week. …