Author: John Dyer

Shareholders of Overseas Uranium Resources Development Co., Ltd. Approve T.UEX Acquisition of JCU (Canada) Exploration Company, Limited

By John Dyer   Posted in Equities
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UEX Corporation (TSX:UEX) (OTC:UEXCF) (“UEX” or the “Company”) is pleased to announce that UEX has been notified that the shareholders of Overseas Uranium Resources Development Co., Ltd. (“OURD”) have approved the sale to UEX of OURD’s wholly-owned subsidiary, JCU (Canada) Exploration Company, Limited (“JCU”). The JCU Transaction UEX will acquire 100% of the shares of …

Hongyanhe 5 achieves first criticality

By John Dyer   Posted in Pending Reactors U
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Unit 5 of the Hongyanhe nuclear power plant in China’s Liaoning province has attained a sustained chain reaction for the first time. The 1080 MWe domestically-designed ACPR1000 pressurised water reactor is expected to be connected to the grid later this year, after which it will enter commercial operation. The first pre-critical control point of Hongyanhe …

Fuel Cladding Failures at Nuclear Power Plants Explained

By John Dyer   Posted in Existing Fleet Nuclear Technology U
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The China Atomic Energy Authority (CAEA) informed the IAEA yesterday that a minor fuel cladding failure  had occurred at the Taishan Nuclear Power Plant. What are fuel cladding failures, and what do they mean for safety? Read our explainer to find out. Nuclear power plants are designed with multiple back-up and diverse safety systems as part of …

V.SYH Expands its Current Drill Program at its High Grade Moore Uranium Project, Saskatchewan

By John Dyer   Posted in Equities
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Skyharbour Resources Ltd. (TSX-V:SYH) (OTCQB:SYHBF) (Frankfurt:SC1P) (the “Company”) is pleased to announce that it is expanding its current diamond drilling program at its flagship 35,705 hectare Moore Uranium Project, located approximately 15 kilometres east of Denison Mine’s Wheeler River project and near regional infrastructure on the southeast side of the Athabasca Basin, Saskatchewan.  The current drilling program at Moore …

Iraq hopes to build 8 nuclear power reactors by 2030

By John Dyer   Posted in Demand Pending Reactors U
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The country currently uses electricity and gas imports from neighbouring Iran to generate around a third of its electricity. BAGHDAD: Iraq, which suffers chronic electricity shortages, wants to construct eight nuclear power reactors by 2030 in order to reduce its external energy dependence, an official said Tuesday. The country currently uses electricity and gas imports …

5 Key Takeaways from the Nuclear Energy FY2022 Budget Request

By John Dyer   Posted in Demand Politics U
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The U.S. Department of Energy (DOE) recently released its Fiscal Year 2022 (FY22) Congressional Budget request which seeks a record $1.8 billion for the Office of Nuclear Energy (NE). This is a historic level of commitment by the Biden-Harris Administration and it clearly recognizes the important role our current nuclear fleet and future reactors will play in …

Japanese Cabinet Approves Energy White Paper 2021

By John Dyer   Posted in Nuclear Attitude Politics U
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On June 4, the Japanese Cabinet approved the FY20 Annual Report on Energy—Japan’s “Energy White Paper 2021.” Taking up the circumstances surrounding energy and major measures, it addressed three major issues: ・Progress in Fukushima reconstruction. ・Challenges and activities toward achieving carbon neutrality by 2050. ・Changes in energy security. In recent times, Japan’s energy white papers …

T.FCU Commences Feasibility Study for PLS Uranium Project

By John Dyer   Posted in Equities
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FISSION URANIUM CORP. (” Fission ” or ” the Company “) is pleased to announce that it will commence its Feasibility Study (“FS” or the “Study”) for its’ 100% owned PLS high-grade uranium project, in the Athabasca Basin region of Saskatchewan, Canada . The feasibility work will kick-off with Phase 1, comprised of extensive data collection using drilling and other fieldwork. The FS follows …

Samsung to Explore MSR Nuclear Power for Zero Emission Shipping

By John Dyer   Posted in Demand Nuclear Technology Pending Reactors Reactors U
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South Korean shipbuilder Samsung Heavy Industries will undertake a joint research and development project with the Korea Atomic Energy Research Institute (KAERI), for the first modern exploration of nuclear-powered ships. Under the strategic cooperative agreement, they plan to explore the opportunities to use nuclear power as a solution for carbon-neutral shipping. There was great interest …

U.UEC Files Fiscal 2021 Q3 Quarterly Report

By John Dyer   Posted in Equities
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Corpus Christi, TX, June 9, 2021 – Uranium Energy Corp (NYSE American: UEC, the “Company” or “UEC”) is pleased to report, in accordance with NYSE American requirements, the filing of the Company’s quarterly report on Form 10-Q for the nine months ended April 30, 2021 with the U.S. Securities and Exchange Commission (the “SEC”).  This Form …