Uganda looks to potential uranium production

The Government of Uganda is hosting an International Atomic Energy Agency (IAEA) Integrated Uranium Production Cycle Review mission as it reviews its potential to produce uranium to support its plans for 24,000 MWe of nuclear capacity. IAEA Integrated Uranium Production Cycle Review (IUPCR) missions are designed to assist IAEA member countries in the development of …

AI’s Critical Impact on Electricity and Energy Demand (T.U.UN)

The expansion of AI technologies and data centers is paving the way for a dramatic increase in electricity usage, presenting both obstacles and prospects for global energy networks. As AI technologies require more stable and substantial power sources, nuclear energy emerges as a prime candidate, offering sustainable, reliable energy that supports global clean energy goals. …

Geopolitics, decarbonization driving ascendant nuclear power industry: NEI CEO

Anticipated load growth from data centers, AI and new manufacturing hubs is the latest tailwind for conventional and advanced nuclear, NEI President and CEO Maria Korsnick said Tuesday. Conventional and advanced nuclear technologies stand to benefit from a global push to reduce power sector emissions and achieve energy independence amid growth in electricity demand, Nuclear …

Canada’s nuclear ‘renaissance’ prompts Ontario factory expansion

 After a brief period of fluctuating support, opens new tab, Canada’s federal government is throwing its full backing behind the nuclear industry, announcing life extensions, opens new tab at major plants, billions of dollars in planned investment, and granting nuclear a key position in the latest federal budget. The industry’s re-birth has been especially pronounced in the province …

Polish ministry approves plans for Rolls-Royce SMRs

Polish industrial group Industria’s plan to construct a power plant based on Rolls-Royce’s small modular reactor (SMR) has been approved by the Ministry of Climate and Environment. Industria submitted its application for a decision-in-principle in December last year to Polish Climate and Environment Minister Paulina Hennig-Kloska. The application concerns the construction of a nuclear power …

T.GLO Announces Q1 2024 Results

Dasa Uranium Project Remains on Schedule to Produce Yellowcake in Q1 2026 Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX: GLO, OTCQX: GLATF, FRANKFURT: G12) announced today its operating and financial results for the quarter ended March 31, 2024.  For more detail, please refer to the Condensed Interim Consolidated Financial Statements and Management’s Discussion …

T.NXE Closes C$224 Million CDI Offering in Australia

NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce that the Company has closed its previously announced offering (the “Offering“) of 20,161,290 common shares, settled in the form of CHESS Depository Interests (“CDIs“), at a price of C$11.11 per share (based on the daily average exchange rate of A$1.00 = C$0.8963 published the Bank of Canada on April 29, …