Uranium Royalty Corp Expands Physical Uranium Holdings to 1,048,068 Pounds of U3O8 at a Weighted Average Cost of US$37.64 per pound U3O8

Vancouver, British Columbia, Canada, October 19, 2021  –  Uranium Royalty Corp. (NASDAQ: UROY, TSX-V: URC) (“URC” or the “Company“) announces that it is entering into contracts for an additional four spot purchases totaling 400,000 pounds of U3O8 at an average cost of US$45.00 per pound U3O8. Deliveries will be accomplished in October-December 2021 through book transfers to URC’s storage …

Kazatomprom Announces Investment in Physical Uranium Fund

JSC National Atomic Company “Kazatomprom” (“Kazatomprom” or “the Company”) is pleased to announce that its Board of Directors has passed a resolution to participate in a physical uranium fund, ANU Energy OEIC Ltd. (“ANU Energy” or “the Fund”), established on the Astana International Financial Centre (AIFC). The Fund will hold physical uranium as a long-term …

UK to fund new nuclear power station as part of net zero drive

The UK government will announce plans to fund a new nuclear power plant before the 2024 election as part of its Net Zero strategy, The Telegraph reported https://www.telegraph.co.uk/news/2021/10/17/exclusive-government-fund-new-nuclear-power-station-part-net late on Sunday. “We are seeking to approve at least one more large-scale nuclear project in the next few years to strengthen energy security and create thousands …

OPG advances new nuclear at Darlington

Clarington, ON – The Canadian Nuclear Safety Commission has announced its decision to renew Ontario Power Generation’s (OPG’s) existing Site Preparation Licence for the Darlington New Nuclear Project. “OPG has the experience and expertise to lead the way on this next generation of clean energy, and we look forward to having an SMR in place in …

Korea Hydro & Nuclear Power Co., Ltd. (Khnp) Announces Cost Effective and Timely Nuclear Construction Progress

Korea Hydro & Nuclear Power Co., Ltd. (KHNP) has completed loading nuclear fuel assemblies into the Shin-Hanul Unit 1 reactor in South Korea. KHNP obtained permission to load fuel from South Korea’s Nuclear Safety & Security Commission (NSSC) on July 9, 2021. After loading of 241 fuel assemblies into the reactor, KHNP is conducting reactor …

Energy crisis sparks divide in Europe over nuclear power

The ongoing energy crisis has spurred division between France and Germany over expanding nuclear power. As energy prices continue to surge and shortages place energy infrastructure under increasing pressure, France is considering a new tack to shore up its energy mix. Per The Financial Times, President Emmanuel Macron is expected to soon approve the development of six small modular …

Will Boris fire up a new generation of nuclear power stations to finally fix Britain’s long-term energy needs?

Soaring gas prices, worldwide energy shortages, fears for energy security and an ambition to have net zero carbon by 2050 have put nuclear power back on the map after a decade in the cold. In the space of just a couple of weeks, the threat of rocketing gas bills and a winter of discontent with …

T.CCO eyed as fuel supplier for Polish firm’s modular nuclear reactor ambitions

Sask.-based uranium firm seeks to be “supplier of choice” to fuel a nascent industry. Cameco has entered into non-binding agreements to supply fuel for X-energy, which wants to design a small modular nuclear reactor (SMR) for use in Canada and the U.S. — and most recently, GE Hitachi and Synthos Green Energy, which is eyeing …

Nuclear power crucial to Japan’s net-zero goal: industry minister

Koichi Hagiuda, Japan’s new minister for economy, trade and industry, touched on the importance of nuclear power and Japanese chip production. (Photo by Tomohiro Ebuchi) Hagiuda plans to seek funding to invite TSMC chip plant TOKYO — Nuclear power is “indispensable” to decarbonizing Japan, industry minister Koichi Hagiuda said Tuesday, a sign that the new government under …