The dome of the containment building has been installed at unit 2 of the San’ao nuclear power plant, China General Nuclear (CGN) has announced. It is the second of six Chinese-designed HPR1000 (Hualong One) pressurised water reactors planned at the site in China’s Zhejiang province. The dome – weighing about 238 tonnes and measuring 45 …
EDF, GE Hitachi Nuclear Energy International LLC, Holtec Britain Limited, NuScale Power, Rolls Royce SMR and Westinghouse Electric Company UK Limited are now to be invited to bid for UK government contracts in the next stage of the process. The UK government has plans to expand nuclear energy capacity to 24 GW by 2050, with …
Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX:GLO, OTC:QX:GLATF, Frankfurt:G12) is pleased to announce that it has finalized a Letter of Intent (“LOI”) for the sale of uranium from the Company’s Dasa Project in the Republic of Niger. This is the third such agreement signed by the Company and brings our current contracted volume close …
Country is aiming to end battle over power market reform Document seen by Bloomberg aims to stop unfair subsidies Germany is set to outline its proposals to break a deadlock with France over the design of the European Union’s electricity market, the latest crunch point between the nations over the region’s climate transition. The paper lays out three …
IsoEnergy Ltd. (“IsoEnergy”) (TSXV: ISO; OTCQX: ISENF) is pleased to announce that as a result of strong investor demand, the Company has amended its agreement with a syndicate of agents led by Canaccord Genuity Corp., TD Securities Inc. and Eight Capital, and including Haywood Securities Inc., Red Cloud Securities, Cormark Securities Inc., Paradigm Capital, PI Financial …
Recorded revenue of $163.95 million from spot market sales of 3,150,000 pounds of uranium inventory realizing a gross profit of $49.60 million for the fiscal year ended July 31, 2023. Fiscal 2023 weighted average sales price was $52.05 per pound U3O8 versus an average spot price of approximately $51.24 per pound over the period. Proceeds from realized gains materially reduced capital requirements for accretive acquisitions. …
Laramide Resources Ltd. (“Laramide” or the “Company“) (TSX: LAM) (ASX: LAM) (OTCQX: LMRXF) is pleased to announce assay results from the first two diamond drill holes from the Amphitheatre exploration target (“Amphitheatre”) at its Westmoreland Uranium Project in Queensland, Australia (“Westmoreland”). These results are the first received from a 4,000+ meter exploratory drill program announced 19th July 2023[1]. The program …
Or, at least, in Canada While U.S. nuclear industry struggles through licensing, financing, and fuel availability problems, Canada appears to be on the verge of a construction binge. What’s different? Well, the physics are the same, of course, but the politics and the financial structure are a bit different. In January this year, Ontario Power …
To be officially handed over on October 5 RNPP has two 1200MW units The first batch of fresh uranium, the nuclear fuel of the first unit of the Rooppur Nuclear Power Plant, has arrived in Bangladesh. According to official sources, the consignment of uranium arrived in Dhaka from Russia on Thursday afternoon through a special …
Costs of expanding nuclear power plants could ultimately run into the hundreds of billions of dollars Demand for electricity across Canada is forecast to double in the next 25 years, and all the signs from Ontario Premier Doug Ford’s government indicate that nuclear energy will supply the biggest portion of the province’s additional power needs. …