Independent study says significant potential market for SMRs providing net zero solution for 80% of industrial energy use

Urenco publishes small modular reactor report during COP30. The small modular reactor (SMR) market could support the decarbonisation of at least 11 industrial sectors that make up the majority of industrial energy demand by 2050 in North America and Europe with a potential market of 700GW by 2050, an independent study published today has found. …

T.NXE Announces New Significant High Grade Assay Results at Patterson Corridor East

NexGen Energy Ltd. (TSX: NXE) (NYSE: NXE) (ASX: NXG) (“NexGen” or the “Company”) is excited to announce significant geochemical assay results from NexGen’s 100%-owned Patterson Corridor East (“PCE”) discovery. Drillhole RK-25-254 returned 10.5 meters (“m”) at 11.3% U3O8 including 4.0m at 29.4% U3O8 and 0.5m at 56.2% U3O8 (Figures 1 and 2, Table 1). Notably, mineralization in RK-25-254 is 55m up dip from hole RK-25-232 which intersected 15.0m …

V.PTU Completes First Pass Drilling at Tabbernor Project

Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (“Purepoint” or the “Company”) today announced the completion of its inaugural drill program at the 100%-owned Tabbernor Project, located on the southeastern edge of Saskatchewan’s Athabasca Basin. The program consisted of five first-pass diamond drill holes, targeting a 60-kilometre-long corridor of graphitic conductors defined through two years of detailed airborne geophysical …

Turkish gov’t voices first concern over uranium reliance on Russia amid new US nuclear partnership

The Turkish government has publicly acknowledged its dependence on Russia for uranium fuel at the Akkuyu Nuclear Power Plant, an admission that reflects both growing discomfort in Ankara and a wider effort to rebalance relations toward the West. Energy Minister Alparslan Bayraktar told parliament’s budget committee on November 7 that Turkey relies entirely on Russia’s …

Nuclear power will get the most Energy Department loans, Chris Wright says

Nuclear power plants will receive the bulk of the money from the Energy Department’s loan office, Secretary Chris Wright said. The Trump administration struck a deal last month with the owners of Westinghouse to invest $80 billion to build nuclear plants across the U.S. Nuclear power will receive most of the money from the Energy …

Japan Governor’s Visit to Nuclear Reactor Raises Restart Hopes

The governor of Japan’s Niigata Prefecture will make a rare visit to one of the country’s most-troubled nuclear power plants this week, an event that will be watched closely by gas traders for any hint that the facility might be restarted. Hideyo Hanazumi is scheduled to visit Tokyo Electric Power Co.’s Kashiwazaki Kariwa Nuclear Power Plant …

Kudankulam Nuclear plant Unit-3 in pre-commissioning phase: Rosatom

Story highlights The Indo-Russian Kudankulam Nuclear Power Plant is the largest nuclear facility in India. Of its six VVER-1000 type reactors, units 1 and 2 were connected to India’s national power grid in 2013 and 2016 respectively. The third unit of the six-unit Kudankulam Nuclear Power plant in the southern Indian state of Tamil Nadu …