Uzbekistan Expands Nuclear Energy Program Amid Global Developments

Navoi Uranium Mine in Uzbekistan International collaboration strengthens nuclear initiatives across the globe with ambitious plans for SMRs and advanced enrichment technologies. Recent developments within the global nuclear energy sector showcase significant advancements and increased cooperation among nations, driven by the dual goals of bolstering energy security and transitioning to sustainable sources of energy. The …

Biden-Harris Administration Announces Contracts to Buy U.S.-Sourced Low Enriched Uranium

Contracts Leverage DOE’s Buying Power to Establish a Secure Source of Low Enriched Uranium for U.S. Nuclear Power Plants  As part of the Biden-Harris Administration’s Investing in America agenda, the U.S. Department of Energy (DOE) today selected 6 companies from which it can sign contracts to procure low enriched uranium (LEU) in order to incentivize the …

Independent polling shows community support for potential expansion at Bruce Power is strong

Independent polling shows that support for Bruce Power’s future plan to explore potential expansion of the Bruce site is very strong with 80 per cent of residents saying they support the proposal to advance the long-term planning and consultation work required to explore nuclear expansion options on the Bruce Power site. Among residents, support for …

Nuclear 2024 roundup: ‘Urenco can scale up HALEU operations where needed’

The modular flexibility of Urenco’s advanced fuels’ operations was emphasised at the Nuclear Industry Association’s (NIA) Nuclear 2024 conference last week.  Head of Advanced Fuels – Commercial, Magnus Mori, told a panel on allied fuel supply that both supportive Government policy and customer contracts were key to standing up the developing market. With regard to increasing …

How a uranium mine became a pawn in the row between Niger and France

[AFP] In the latest sign of a dramatic deterioration in relations, Niger’s military rulers appear increasingly determined to drive France out of any significant sector in their economy – and particularly uranium mining. This week the French state nuclear company Orano announced that the junta – which deposed France’s ally, President Mohamed Bazoum, in a …

V.GXU and GoviEx Niger File Arbitration Request Against the Republic of Niger in Relation to Madaouela Project

GoviEx Uranium Inc. (TSXV: GXU) (OTCQB: GVXXF) (“GoviEx“) and GoviEx Niger Holdings Ltd. (“GoviEx Niger“), GoviEx’s fully owned subsidiary (together the “Companies“), have commenced arbitration proceedings (the “Arbitration“) against the Republic of the Niger (the “State“) under the Convention on the Settlement of Investment Disputes Between States and Nationals of Other States (the “ICSID Convention“). …

U.UEC Completes Acquisition of Rio Tinto’s Sweetwater Plant and Wyoming Uranium Assets

Uranium Energy Corp. (NYSE American: UEC) (the “Company” or “UEC“) is pleased to announce the completion of the previously announced (September 23, 2024) agreement with Rio Tinto America Inc. (“Rio Tinto“) to acquire 100% of Rio Tinto’s Wyoming assets, comprised of the wholly-owned and fully-licensed Sweetwater Plant and a portfolio of uranium mining properties, including the Red Desert …

Kazakhstan holds talks with France on first nuclear power plant

An abandoned apartment building toward the planned nuclear power plant construction site in the village of Ulken, about 400 kilometers north of Almaty, Kazakhstan, the place where the first country’s nuclear power plant is planned to be built. September 21, 2024. The Uranium-rich nation, which suffers from chronic energy shortages, approved plans to build a nuclear …

T.U.UN Announces Updated “At-the-Market” Equity Program

Sprott Asset Management LP (“Sprott Asset Management”), a subsidiary of Sprott Inc., on behalf of the Sprott Physical Uranium Trust (TSX: U.UN) (TSX: U.U) (the “Trust” or “SPUT”), a closed-ended trust created to invest and hold substantially all of its assets in physical uranium, today announced that it has added additional sales agents to its …

Nuclear Power and Critical Materials: A Post-Election Outlook

December 6, 2024 | 14 mins 33 secs What’s the potential impact of the incoming Trump administration on nuclear power, clean energy and critical materials? Thalia Hayden of @etfguide talks with John Ciampaglia about what potential changes may be on the horizon for U.S. energy policies and some strategies for investment portfolios. For the latest standardized performance of …