The company has selected high-temperature gas-cooled reactors (HTGRs), using tri-structural isotropic – or TRISO – particle fuel, with a power output of about 25 MWe. It said it selected this small modular reactor (SMR) technology “due to their inherently safe characteristics”. In the first year, Allseas aims to finalise initial design studies for offshore and …
Nuclear-power demand is set to grow with Meta-Constellation deal The four executive orders recently signed by President Donald Trump help to address the importance and growth of the U.S. nuclear-energy sector in domestic power generation, but it’ll be quite a challenge for the nation to provide the uranium it requires to quadruple nuclear-energy capacity in …
The inauguration of Lee Jae-myung is fueling renewed concerns that the nuclear energy industry may once again face setbacks in its path to revitalization, given that the newly elected president from the liberal Democratic Party views nuclear energy as a “hazardous and unsustainable source.” Though he didn’t entirely rule out nuclear power energy and voiced openness …
Meta has signed a 20-year agreement to buy nuclear power from Constellation Energy. Beginning in 2027, the tech giant will purchase about 1.1 gigawatts of power from Constellation’s Clinton Clean Energy Center in Illinois. Without Meta’s backing, the plant was in danger of premature closure. Tech companies, including Amazon, Google and Meta, signed a pledge …
Ore grades and production at Pinyon Plain mine continue to exceed historic records and expectations; Energy Fuels’ rapid uranium production ramp-up and large “pipeline” uranium development projects supported by recent Trump executive orders. Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), a leading U.S. producer of uranium, rare earth elements (REE), and other critical minerals, today …
Cameco (TSX: CCO; NYSE: CCJ) is continuing its operations at its northern Saskatchewan sites amidst wildfires that are impacting parts of the province. Currently, there are no fires in the vicinity of Cameco’s operations at Cigar Lake, Key Lake, McArthur River and Rabbit Lake. There is no risk to our sites, and they remain safe for …
Laramide Resources Ltd. (“Laramide” or the “Company”) (TSX: LAM) (ASX: LAM) (OTCQX: LMRXF) is pleased to announce that two of its advanced-stage uranium development projects in the United States, Crownpoint-Churchrock (New Mexico) and La Jara Mesa (New Mexico), have been designated FAST-41 Covered Projects by the Federal Permitting Improvement Steering Council (Permitting Council). This designation, part of the federal …
A Republican Florida congressman is looking to codify several of President Donald Trump’s executive actions pertaining to domestic energy production through legislative action he took Monday. Rep. Byron Donalds, who has been endorsed by Trump to replace term-limited Florida Gov. Ron DeSantis, introduced the “Strengthening American Nuclear Energy Act” in an effort to codify four of the …
Highlights: Commissioned first new mine-unit at Christensen Ranch In-Situ Recovery (“ISR”) Mine, with Header House 10-7 coming online as part of the phased ramp-up of Wyoming’s Powder River Basin operations. Construction advancing at Burke Hollow in South Texas, with major equipment installed at the satellite ion exchange plant and disposal well development in progress. Sweetwater …
Spain’s three largest utilities are working on a proposal to extend the lifespan of the country’s biggest nuclear power plant, whose reactors are slated to be shut down in 2027 and 2028. Spain’s three largest utilities are working on a proposal to extend the lifespan of the country’s biggest nuclear power plant, whose reactors are …