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 …
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 …
Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (“Purepoint” or the “Company”) announced today the closing of its previously announced non-brokered private placement (the “Private Placement”). In connection with the closing, the Company issued 76,190,477 flow-through units (“Flow-Through Units”) at a price of $0.0525 per unit for aggregate gross proceeds of $4,000,000. Each Flow-Through Unit consists …
Plan involves doubling nuclear energy generation capacity by developing small modular reactors The New Brunswick government has laid out a strategy for how it broadly plans to ramp up capacity for renewable and nuclear energy generation, while reducing the province’s reliance on diesel and oil. But the 12-year plan unveiled Wednesday falls short of putting a …
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 …
