Work on Xudabao unit 1 gets under way

Construction has started of the nuclear island for unit 1 at the Xudabao nuclear power plant in Liaoning Province, China National Nuclear Corporation (CNNC) announced. The construction of units 1 and 2 of the Xudabao (also known as Xudapu) plant was approved by China’s State Council on 31 July this year. On 6 November, the …

Poland Wants US Firms to Buy Equity Stake in Nuclear Project, Tusk’s Aide Says

Poland’s incoming administration is set to pile pressure on foreign companies in the country’s nascent nuclear energy program to buy an equity stake in the venture. Grzegorz Onichimowski, the chief energy adviser to the Civic Platform party, said the already chosen US partners, Westinghouse Electric Co. and Bechtel Group Inc., should take at least a …

Agreement on post-ARENH nuclear electricity pricing

The French government and state-owned EDF have reached an agreement to regulate the price at which the utility’s nuclear-generated electricity is sold to an average of EUR70 (USD76) per MWh once the current ARENH mechanism expires at the end of 2025. Currently, under the so-called Regulated Access to Incumbent Nuclear Electricity (Accès Régulé à l’Electricité Nucléaire …

Kazakh-French Joint Venture to Commence Uranium Mining at South Tortkuduk at Year-End

KATCO, a joint venture of the French Orano Mining and Kazatomprom national atomic company, will start mining uranium at Kazakhstan’s South Tortkuduk site at the end of 2023, Trend.az reported on Nov. 12, citing a source at Orano multinational nuclear fuel cycle company. As the world’s largest uranium producer, Kazakhstan hosts Orano through KATCO, established in …

T.LAM Completes A$12.0 Million Placement

Laramide Resources Ltd. (“Laramide” or the “Company“) (TSX: LAM) (ASX: LAM) (OTCQX: LMRXF) is pleased to announce that further to the news release of November 9, 2023, the A$12 million placement to institutional and sophisticated investors pursuant to s708 of the Corporations Act (Cwth) 2001 in Australia has completed. Funds have been received and CDIs are being issued. Proceeds from …