SLR Consulting appointed on behalf of prospective lenders to provide environmental and social due diligence. GoviEx has expressions of interest representing over USD 200 million of potential project related debt finance for the Madaouela Uranium Project. Continued dialog with North American, European and African institutions including export credit agencies, development finance institutions and commercial banks. …
Commissioning has begun of China’s first industrial-use nuclear energy steam supply project, China National Nuclear Corporation (CNNC) announced. The project at the Tianwan nuclear power plant in China’s Jiangsu province will supply steam to a nearby petrochemical plant. The project is being jointly carried out by CNNC subsidiary Jiangsu Nuclear Power Company and the Lianyungang …
The Mochovce nuclear power plant in Mochovce, Slovakia last November. JANOS KUMMER/GETTY IMAGES Across the US and allied countries, owners of left-for-dead uranium mines are restarting operations to capitalize on rising demand for the nuclear fuel. At least five US producers are reviving mines in states including Wyoming, Texas, Arizona and Utah, where production flourished …
Australian mining giant BHP is exploring the prospect of onboard nuclear propulsion as a clean alternative energy to power commercial marine vessels on which it relies as a major bulk shipping customer. BHP recently hired Dutch nuclear energy consultancy ULC-Energy to research several nuclear technologies that could be used to fuel merchant shipping. The study …
The fourth unit start-up moves Barakah towards generating 25% of UAE’s electricity needs, 24/7 – Barakah accelerates decarbonization of the UAE grid and achievement of Net Zero by 2050 target – Barakah offers a new model for efficient nuclear plant development The Emirates Nuclear Energy Corporation (ENEC) today announced that its operating and …
IsoEnergy Ltd. (“IsoEnergy” or the “Company”) (TSXV: ISO) (OTCQX: ISENF) is pleased to announce its strategic decision to reopen access to the underground at our Tony M uranium mine (“Tony M” or the “Mine) in the first half of 2024 (“H1-2024“), with the goal of restarting uranium production operations in 2025, should market conditions continue as expected. The …
The federal government is providing CAD50 million of funding to support pre-development work to study the feasibility of building 4800 MWe of new generating capacity at the Bruce site in Ontario. The funding was announced by Minister of Energy and Natural Resources Jonathan Wilkinson at the Canadian Nuclear Association’s CNA 2024 conference, which is taking …
Denison Mines Corp. (‘Denison’ or the ‘Company’) (TSX: DML) (NYSE American: DNN) today filed its Audited Consolidated Financial Statements and Management’s Discussion & Analysis (‘MD&A’) for the year ended December 31, 2023. Both documents are or will be available on the Company’s website at www.denisonmines.com, SEDAR+ (at www.sedarplus.ca) and EDGAR (at www.sec.gov/edgar.shtml). The highlights provided below are derived from these documents …
The House on Wednesday evening approved bipartisan legislation that aims to bolster nuclear energy. The vote was 365-36, with one additional lawmaker voting present. All of the “no” votes were Democrats and included several members of the Progressive Caucus. Rep. Marcy Kaptur (D-Ohio) voted present. The legislation aims to bolster the U.S.’s nuclear energy production by speeding up environmental …
China’s National Nuclear Safety Administration has granted an operating licence for unit 4 of the Fangchenggang nuclear power plant in China’s Guangxi Autonomous Region. The unit is the second of two demonstration China General Nuclear-designed Hualong One (HPR1000) reactors at the site. Obtaining the licence is “an important step towards high-quality production and commercial operation”, …