Nuclear Power Industry Posts Record 32.1 Tril. Won Revenue in 2023 with 488 Bil. Won in Investments

Korea Atomic Industrial Forum Hosts New Year’s Gathering of Nuclear Power Industry In 2023, South Korea’s nuclear power industry achieved record revenue and investment, driven by the acceleration of the Shin Hanul Units 3 and 4 construction and the expected completion of the Czech Dukovany nuclear power plant contract in March, the Ministry of Trade, Industry, …

South Korea and USA sign nuclear export MoU

The signing of the agreement covering exports of nuclear technology was signed by the US and South Korea on the same day that the leaders of South Korea and the Czech Republic reaffirmed their commitment to projects including the expansion of the Dukovany nuclear power plant. The Memorandum of Understanding on Principles Concerning Nuclear Exports and Cooperation finalises …

Three SMRs selected for evaluation in ship propulsion study

The initial phase of Norway’s NuProShip initiative – which is evaluating Generation IV small modular reactor technologies for their viability in commercial shipping applications – has concluded, with three SMR technologies being selected for further evaluation in the next phase. The NuProShip project is being funded by the Research Council of Norway. Alongside Norwegian shipbuilder …

Czech energy plan focuses on renewables and nuclear

The Czech Republic has submitted its updated National Energy and Climate Plan to the European Commission, featuring large renewable and nuclear energy capacity increases. The Ministry of Industry and Trade and the Ministry of the Environment worked together on the update, which models the development of the country’s energy sector to fulfil European Union decarbonisation targets. Minister of …

Eight Indiana coal sites offer ‘intriguing opportunities’ for nuclear plants, per new Purdue study

Advancement of small modular reactors is slow nationwide. But researchers encourage Indiana to explore — and incentivize — the technology. A new, quietly-released study showed that small nuclear reactors could present “substantial opportunities” for Indiana to meet its energy demands, and identified eight current or former coal sites across the state that could serve as …

Poland Backs $14.7 Billion in Funding for Nation’s First Nuclear Power Plant as EU Probes Project

Poland took another step in building its first nuclear power plant after the government greenlit as much as 60.2 billion zloty ($14.7 billion) in funding for the project which still awaits the European Union approval to go ahead. On Tuesday, Donald Tusk’s cabinet adopted a draft bill that allows it to increase the capital of …

California startup strikes deal with data center customer to deploy underground SMRs

Deep Fission aims to eliminate the need for costly concrete and steel surface containment buildings by placing its reactor a mile underground. (Various sizes of Deep Fission Borehole Reactor options, as seen in regulatory documents. Source: NRC.) Using its concept of underground small modular reactors (SMRs), California-based startup Deep Fission has reached an agreement to help power …

V.SYH Announces Additional Uranium Property Staking Increasing Total Portfolio to Over 614,000 Hectares in the Athabasca Basin, Saskatchewan

Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQX: SYHBF) (Frankfurt: SC1P) (“Skyharbour” or the “Company”), is pleased to announce that it has acquired by low-cost staking 40 new prospective uranium exploration claims in Northern Saskatchewan, increasing Skyharbour’s total land package that it has ownership interest in to 614,353 ha (1,518,099 acres) across 36 projects. These new 100% owned claims add 62,690 ha to …

Uranium Unleashed: How Mining Stocks Fuel the Nuclear Comeback

Sprott’s John Kinnane and Steve Schoffstall explore the growing opportunities in the uranium and nuclear energy markets. They discuss how pure-play uranium miners, supply-demand dynamics and shifting geopolitical policies are positioning this sector as a promising investment frontier for 2025 and beyond. For the latest standardized performance, please visit the individual website pages: URNM and URNJ. Past performance is …

V.GXU Annual Letter to Stakeholders

GoviEx Uranium Inc. (TSXV: GXU) (OTCQB: GVXXF) (“GoviEx” or “the Company”) today provides a letter to stakeholders from the Executive Chairman, Govind Friedland. Dear Stakeholders, 2024 has been a pivotal year for GoviEx – a time of challenges that tested our resilience, a journey of rediscovery that sharpened our focus, and a testament to the …