USA, Indonesia announce partnership on SMRs

The USA and Indonesia have announced a strategic partnership to help Indonesia develop its nuclear energy programme, supporting Indonesia’s interest in deploying small modular reactor (SMR) technology to meet its energy security and climate goals. A Memorandum of Agreement, as well as affiliated grants and contracts, was signed during the Indo-Pacific Business Dialogue in Bali, Indonesia. The …

Last Energy Signs Deals Worth $19 Billion for Nuclear Plants

Last still needs regulator approval in UK, Poland for reactors Company is building its first 20-megawatt reactor in Texas Last Energy Inc., a startup developing advanced, smaller nuclear power plants, completed four deals worth $18.9 billion to build 34 reactors in Europe. The Washington-based company expects to install the first of its 20-megawatt systems as soon as …

T.GLO Update and Outlook for 2023

Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX:GLO, OTC:QX:GLATF, Frankfurt:G12) is pleased to report on operations at its Turkish zinc recycling joint venture and its Dasa Uranium Project in the Republic of Niger. Turkish Zinc Recycling Joint Venture The zinc recycling plant in Iskenderun, Türkiye, has restarted production following the earthquakes earlier this year.  Employees are …

T.GLO Announces Closing of Bought Deal Public Offering for Gross Proceeds of C$56.0 Million

Global Atomic Corporation (“Global Atomic” or the “Company”) (TSX: GLO, FRANKFURT: G12) today announced the closing of its previously announced “bought deal” prospectus offering (the “Offering”) for gross proceeds of C$56,002,501, which includes exercise of the over-allotment option (the “Over-Allotment Option”) for proceeds of C$6,002,500. Due to significant demand, the Offering was upsized from its …

Belgian-Dutch partnership for nuclear new build

From left to right: Joost van den Broek, Director Consultancy & Services and Bertholt Leeftink, CEO, NRG-Pallas, Anick van Calste, Philippe Van Toeye, CEO, and Denis Dumont, Chief Global Nuclear Officer, Tractebel (Image: Tractebel) Belgian engineering firm Tractebel has signed a memorandum of understanding (MoU) with the Netherlands’ NRG-Pallas to collaborate in providing engineering services …

Fresh progress for Poland’s Orlen Synthos SMR project

Orlen Synthos Green Energy’s plan for dozens of small modular reactors across Poland has received a double boost – approval from the European Commission for the joint venture’s creation, and a cooperation agreement on the project with the National Fund for Environmental Protection and Water Management. Orlen Synthos Green Energy and the national environmental agency’s agreement …

Manchin, Risch Reintroduce Bipartisan International Nuclear Energy Act of 2023

Today, U.S. Senators Joe Manchin (D-WV), Chairman of the Senate Energy and Natural Resources (ENR) Committee, and Jim Risch (R-ID), Ranking Member of the Senate Foreign Relations Committee, reintroduced the International Nuclear Energy Act of 2023 (INEA). Initially introduced in the 117thCongress, the bipartisan legislation promotes engagement with ally and partner nations to develop a civil nuclear …

Japan regulator bypasses experts in declaring faults under nuclear plant not active

Japan’s Nuclear Regulation Authority (NRA) has approved an electric power company’s claim that faults running just below a nuclear plant are “not active,” without seeking further opinion from a group of experts that indicated the possibility of the faults being active in 2016. After its decision to uphold the Hokuriku Electric Power Co.’s claim that …