The Advanced Clean Electricity initiative aims for widespread commercial deployment of advanced nuclear, next-generation geothermal and long-duration storage by the early 2030s. On March 19, Nucor, Microsoft and Google announced the Advanced Clean Electricity request for information, or RFI, a joint initiative to stimulate development and deployment of reliable, low- or zero-carbon electricity generation technologies like advanced …
Uranium market has likely set a new floor thanks to a strong demand outlook Uranium may have lost some sizzle after an electrifying 10-month rally, but analysts and investors aren’t losing faith in the long-term prospects of the nuclear fuel. After a 22 per cent decline over six weeks, industry experts and analysts say the uranium …
Laramide Resources Ltd. (“Laramide” or the “Company”) (TSX: LAM) (ASX: LAM) (OTCQX: LMRXF) is pleased to announce 2024 work plans for Australia which include a large drill campaign of up to 12,000m across multiple targets at the Westmoreland Uranium Project in NW Queensland and into the Murphy Uranium Project in the Northern Territory. Two drill rigs have been secured and logistical …
U.S. Energy Secretary Jennifer Granholm said on Wednesday she encourages the U.S. Congress to ban uranium supplies from Russia, as doing so would free up funds to support domestic development of fuel for next generation nuclear reactors. The U.S. House passed legislation last December to ban imports of the fuel for nuclear power plants as part of …
Constellation Energy has issued the first corporate green bond in the USA that can be used to finance nuclear energy projects. The company will use proceeds from the USD900 million, 30-year term offering, for investments such as maintenance, uprates and life extensions of its nuclear power plants. A green bond is a financial instrument that …
The walls of the containment building of unit 3 at the Haiyang nuclear power plant in China’s Shandong province are now in place following the installation of the third cylinder ring, the Shanghai Nuclear Engineering Research and Design Institute (SNERDI) announced. The steel containment shell is an important part of the nuclear island reactor building …
Bill Gates at TerraPower with a mock-up of metal fuel pin bundles for his planned SMR. TerraPower, a company founded by Bill Gates, says it plans to start building the first of a new generation of nuclear power plants in the US in June, joining a race with Russian and Chinese rivals to develop and …
Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX: GLO, OTCQX: GLATF, FRANKFURT: G12) reports that the Republic of Niger announced its intention to terminate its military cooperation agreement with the United States, which has a large military base in Niger. It remains unclear if a withdrawal of US troops will be required by Niger, …
GoviEx Uranium Inc. (TSXV: GXU) (OTCQX: GVXXF) (“GoviEx” or “Company“), is pleased to announce progress at its Madaouela Uranium Project in Niger (“Madaouela Project“) , following the appointment of SGS Bateman (Pty) Limited for the commencement of Front-End Engineering Designs. The Project is also moving forward with initial ground works, including the construction of an access road, which is planned …
Uranium markets experienced a correction in February; this followed a rapid run-up and, in our view, represents a healthy pause in the ongoing uranium bull market. Kazatomprom walked back planned production increases for 2024 and provides no guidance for 2025. Cameco (the world’s largest public uranium producer) reported 2023 production slightly below revised guidance (17.6 …
