Kazatomprom gets go-ahead for Inkai 3 pilot

The national atomic company has signed a new subsoil use agreement with Kazakhstan’s Minister of Energy and received approval for up to four years of pilot production of a total of 701 tU from the Inkai 3 deposit. Inkai is a key uranium deposit, located in the Suzak district of Turkestan region. The Inkai 3 …

French president confirms project to build eight new nuclear reactors

French President Emmanuel Macron confirmed on Wednesday a project to build eight new nuclear reactors in France which he said were “essential” to the country’s energy transition. Macron made the comment during a speech addressing his decision to call a snap parliamentary election after the far-right pummeled his party in Sunday’s European Parliament election. Source: …

IAEA Head Grossi Speaks to Insurance Companies: “There is a Global Consensus that Nuclear Should be Accelerated”

IAEA Director General Rafael Mariano Grossi address the Nuclear Pools’ Forum in Zurich. (Photo: D. Candano Laris/IAEA) IAEA Director General Rafael Mariano Grossi is in Switzerland this week to engage with insurance executives about the potential of nuclear power. As part of growing interest from non-traditional audiences about the potential of expanding nuclear energy to …

Microsoft’s Gates breaks ground on novel nuclear power plant in Wyoming

Nearly three years after TerraPower announced it would build its inaugural Natrium nuclear plant in Wyoming, the company’s founder — Microsoft billionaire Bill Gates — was on hand to celebrate the first major construction milestone for the project. Approximately 300 local and state officials, as well as business partners attended the groundbreaking ceremony. “This reactor …

UK’s Conservatives promise nuclear power expansion in election manifesto

Britain’s governing Conservatives promised to scale up nuclear power to bolster the country’s energy security, including through two new fleets of small modular reactors and a gigawatt power plant in North Wales, if they win the upcoming election. In a manifesto, outlining its policy plans ahead of the July 4 election, the Conservative Party said …

T.EFR Achieves Commercial Production of ‘On-Spec’ Separated Rare Earths at its White Mesa Mill in Utah, While Simultaneously Advancing Uranium Production

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) (“Energy Fuels” or the “Company”), a leading U.S. producer of uranium, rare earth elements (“REEs“), and vanadium, is pleased to announce that it has achieved commercial production of separated neodymium-praseodymium (“NdPr“) at its White Mesa Mill in Utah (the “Mill“). Critically, the NdPr produced by Energy Fuels’ meets the applicable …

U.UEC Files Fiscal 2024 Q3 Quarterly Report

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 quarter ended April 30, 2024 with the U.S. Securities and Exchange Commission (the “SEC”).  This Form 10-Q filing, which includes the Company’s interim condensed …

Whitmer says reopening nuclear plant only way to meet climate goals

Governor Gretchen Whitmer said Monday that restarting a nuclear power plant on Lake Michigan is necessary to reach her goal of generating all the state’s electricity without burning fossil fuels. Whitmer was part of an economic forum in Detroit, where she said affordable and accessible energy is critical to the state’s future. And she said …