Documents Reveal Hidden Problems at Russia’s Nuclear Powerhouse

As Russian troops poured into Ukraine at the start of Vladimir Putin’s invasion in February last year, alarm was rising at a flagship Kremlin nuclear project in neighboring Belarus, just a short distance from the European Union’s border. Engineers at Rosatom Corp. preparing a new 1,200-megawatt reactor, which was not yet connected to the power grid, to generate …

V.SYH Closes $6.37 Million Private Placement of Flow-Through Units

Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQB: SYHBF) (Frankfurt: SC1P) (the “Company”) is pleased to announce that it has closed a non-brokered private placement (the “Private Placement”) financing for total gross proceeds of CAD $6,370,000. The Private Placement was subscribed for by several strategic institutional investors. The funds will be used for various exploration programs in 2024 including multiple drill programs throughout the …

Russia Uranium Supplier Warns US Clients to Brace for Ban

Tenex, a Russian state-owned uranium company, is warning American customers that the Kremlin may preemptively bar exports of its nuclear fuel to the US if lawmakers in Washington pass legislation prohibiting imports starting in 2028, according to people familiar with the matter. Tenex’s US subsidiary has told electric companies including Constellation Energy Corp., Duke Energy …

Parliament backs EU push for small nuclear reactors

The European Parliament backed the development of small nuclear reactors (SMRs) this week, a move welcomed by EU Energy Commissioner Kadri Simson, who has already called for a rapid turnaround of EU initiatives. Tabled by Slovenian EPP MEP Franc Bogovič, the  European Parliament’s initiative report on “small modular reactors” was adopted with 409 votes in favour, 173 …

ENGIE signs a final agreement with the Belgian government on the extension of Tihange 3 and Doel 4 nuclear reactors

This document confirms and endorses the key principles of the framework agreement signed on 21 July 2023, namely: the commitment by both parties to implement Flexible Long-Term Operation (Flex LTO), with an estimated investment of between €1.6bn and €2bn, and to use their best efforts to restart the nuclear units at Doel 4 and Tihange …

Korean team to push their SMR design with eyes on Canada

The Korea Atomic Energy Research Institute (Kaeri) and Hyundai Engineering have signed a memorandum of agreement aimed at winning export markets for its small modular reactor (SMR) technology. The agreement was formalised on Monday by Hong Hyun-seong, the chief executive of Hyundai, and Joo Han-gyu, the president of Kaeri. “Together with Hyundai Engineering, we anticipate …

T.FCU Announces 2024 Project Development Program at PLS

FISSION URANIUM CORP. (” Fission ” or the ” Company “) is pleased to announce the 2024 project development program, advancing towards construction and operation of a mine and mill for its PLS high-grade uranium project in Saskatchewan, Canada . The 2024 program will include submission of the Environmental Impact Assessment (“EIS”), resource expansion, ongoing community engagement, completion of the Front End Engineering …