South Africa plans to get 2,500 megawatts of new generation capacity from nuclear sources in a bid to tackle blackouts that have crippled the nation. The first of the new units will likely be operational in 2032 or 2033, Department of Energy Deputy Director-General for Nuclear Zizamele Mbambo told reporters Tuesday in the capital, Pretoria. …
The US House voted Monday to approve legislation that would bar the importation of enriched Russian uranium, sending the measure to the Senate where it has support but limited time for passage this year. The Prohibiting Russian Uranium Imports Act, which was approved by voice vote, would bar Russian uranium imports 90 days after enactment …
NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) announced today that it has updated its at-the-market equity program (the “ATM Program“) to offer and sell up to C$500 million of common shares from treasury (“Common Shares“). Sales of Common Shares, if any, will be made pursuant to the terms of an equity distribution agreement dated December …
The company responsible for implementing the UAE’s civil nuclear power programme has signed separate agreements with several small modular reactor (SMR) developers on the sidelines of the COP28 climate conference in Dubai. The Emirates Nuclear Energy Corporation (ENEC) has signed memorandums of understanding (MoU) with UK-based advanced nuclear technology developer MoltexFLEX and US-based SMR developers …
Uranium Energy Corp (NYSE American: UEC, the “Company” or “UEC”) is pleased to report, in accordance with NYSE American requirements, the filing of the Company’s quarterly report on Form 10-Q for the quarter ended October 31, 2023 with the U.S. Securities and Exchange Commission (the “SEC”). This Form 10-Q filing, which includes the Company’s interim condensed …
A nearly four-decade moratorium on the construction of nuclear plants in Illinois will end next year under a measure signed Friday by Gov. J.B. Pritzker, who vetoed an earlier version of the bill. Legislators passed a new iteration of the bill last month that addressed concerns Pritzker raised in an August veto message about the size …
Uranium Energy Corp (NYSE American: UEC) (the “Company” or “UEC“) is pleased to report President and Chief Executive Officer, Amir Adnani, spoke at COP28 on sustainable uranium mining and on the growing role of carbon-free nuclear power to meet the increasing global demand for low-cost and net-zero energy supply. Mr. Adnani was also featured in the COP28 Leadership Interviews to discuss …
Poland’s Ministry of Climate and Environment has issued decisions-in-principle for the construction of power plants based on GE Hitachi Nuclear Energy’s BWRX-300 small modular reactor (SMR) at six locations. A total of 24 BWRX-300 reactors are planned at the sites. In mid-April, Orlen Synthos Green Energy (OSGE) announced it had shortlisted seven locations in Poland …
Leaders from the United States, Canada, France, Japan, and the United Kingdom today announced plans to mobilize $4.2 billion in government-led investments to develop a secure, reliable global nuclear energy supply chain. These investments will enhance uranium enrichment and conversion capacity over the next three years and establish a resilient global uranium supply market free …
Legislation that would bar the import of enriched Russian uranium into the US has been teed up for a vote in the US House of Representatives. The Prohibiting Russian Uranium Imports Act, by Washington Representative Cathy McMorris Rodgers, has been scheduled for consideration next week under an expedited procedure that requires two-thirds majority to pass, …
